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Technology

Ocado Promotes Solutions Boss To Executive Director Role

Online grocery company Ocado has announced that it is appointing Luke Jensen, the current CEO of its Ocado Solutions unit, as an executive director, effective 1 March 2018.

Jensen joined the company in February 2017 to lead the Ocado Solutions business, which is developing the retail specialist's Smart Platform technology.

The group says that he has overseen significant progress in the last year, including the signing of international partnerships with Canada's Sobeys and Groupe Casino in France.

Prior to joining Ocado, Jensen was a senior advisor at Boston Consulting Group, and group development director at supermarket chain Sainsbury's.

Company Growth

"I am excited to be joining the Board of Ocado at this point in the Group's growth," Jensen said.

"My first year has been transformational for the business and I look forward to growing the Ocado Solutions business and to welcoming more major grocers to our expanding list of international partners powered by Ocado Smart Platform."

Lord Rose, chairman of Ocado, added that the board is confident that Ocado Solutions will create "significant long-term value" for the group, and so believe it is important to have this aspect of the business represented at board level.

In December, Ocado reported sales growth of 11.6% during its most recent quarter.

© 2018 European Supermarket Magazine – your source for the latest retail news. Article by Sarah Harford. Click subscribe to sign up to ESM: The European Supermarket Magazine.

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