Tech pioneer Luke Jensen to exit Ocado after legal victory
The technology expert behind Ocado Group’s solution business is leaving the online grocer days after it won a £200 million payout following a long legal battle
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The technology expert behind Ocado Group’s solution business is leaving the online grocer days after it won a £200 million payout following a long legal battle
British online supermarket group Ocado has announced the appointment of Gregor Ulitzka as its first President, Europe for Ocado Solutions.
Ocado is set to be rubbed off many investors’ shopping lists this week as it faces a relegation from the FTSE 100.
Online grocer Ocado Group is set to lose its spot among London’s top stocks after battling against a share price slump and shoppers cutting back spending.
The firm is expected to drop off the FTSE 100 and take a position in the FTSE 250 instead, according to indicative data from FTSE Russell.