Ocado boss's £15m bonus deal voted through despite opposition
The boss of Ocado has had a potential bonus deal worth almost £15 million given the go-ahead despite fierce criticism over the move.
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The boss of Ocado has had a potential bonus deal worth almost £15 million given the go-ahead despite fierce criticism over the move.
Analysts suggest automated warehouse business might not be as high growth as founder Tim Steiner hopes
Shares in the retail technology company moved 3.7 higher in early trading on Monday, with investors welcoming the prospect.
Ocado shareholders are pushing for a potential shift from its London listing to the New York Stock Exchange, it emerged over the weekend.
Ocado is under pressure from shareholders to consider abandoning London for New York, threatening another severe blow to the beleaguered UK stock market.