Tim Steiner OBE (born 9 December 1969) is a British businessman who is the co-founder and chief executive (CEO) of Ocado, the FTSE 100 online grocery and technology business.
[1] The 2020 Sunday Times Rich List estimates that Steiner is worth £403 million.
He worked for them for eight years in London, New York and Hong Kong before leaving to co-found Ocado in 2000 with Jonathan Faiman and Jason Gissing.
[citation needed] In February 2020, it was announced that Steiner received a pay package of £58.7 million for the year to 1 December 2019.
[6] Following the lock down due to the outbreak of COVID-19 in the UK in March 2020, Ocado recorded 40 percent revenue growth in April and May compared to the same period last year.