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Technology

Ocado Appoints Ted Baker CEO Rachel Osborne As Independent Non-Executive Director

By Dayeeta Das
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Ocado Appoints Ted Baker CEO Rachel Osborne As Independent Non-Executive Director

Ocado Group has announced the appointment of Rachel Osborne as an independent non-executive director, effective 1 September 2023.

She will also join the British online supermarket's audit committee and the people committee.

Commenting on her new role, Osborne said that she would be joining Ocado at an "exciting time" with innovations driving efficiency and growth as the company seeks to deliver existing and new opportunities globally.

Rachel Osborne

Osborne brings extensive executive experience in large, global organisations, having served most recently as the chief executive of Ted Baker.

She also has a strong background in retail and consumer experience and business-to-business companies.

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Previously, she served as the chief financial officer of Debenhams plc, Domino's Pizza Group plc and finance director of the John Lewis division within the John Lewis Partnership.

Rick Haythornthwaite, chair of Ocado said, "I am delighted to welcome Rachel to our board. Rachel's significant executive experience and strategic approach will be a valuable addition to the board and I look forward to working with her."

Tim Steiner, chief executive officer of Ocado added, "Rachel's significant experience in transformation and her commercial mindset will be a real asset as Ocado Group continues to expand globally and seeks to enter into new non-grocery markets."

Michael Sherman Steps Down

The company also announced the retirement of Michael Sherman from its board with immediate effect as he plans to focus on his expanded executive role at Barclays UK.

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Haythornthwaite stated, "The board is grateful to Michael for his service and contributions to the company and as a member of the audit and people committees during his tenure. I personally wish him every success in the future."

© 2023 European Supermarket Magazine – your source for the latest Technology news. Article by Dayeeta Das. Click subscribe to sign up to ESM: European Supermarket Magazine.

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