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Finance

Ocado Group lines up successor to CEO Steiner, Sky News reports

Published by Global Banking & Finance Review

Posted on June 21, 2026

1 min read

· Last updated: June 21, 2026

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Ocado Group lines up successor to CEO Steiner, Sky News reports

Ocado Group CEO Succession Plans

June 21 (Reuters) - British technology firm Ocado Group is preparing to appoint a successor to chief executive Tim Steiner, Sky News reported on Sunday.

Potential Candidates for CEO Role

Niklas Heuveldop, the chief executive of Vonage, a subsidiary of Sweden’s Ericsson, had been sounded out for the role, according to Sky News.

Verification and Company Responses

Reuters could not immediately verify the report. Ocado Group and Vonage declined to comment.

Reporting Credits

(Reporting by Chandni Shah in Bengaluru; Editing by Alexandra Hudson)

Key Takeaways

  • Ocado Group is seeking a new CEO to replace founding executive Tim Steiner, signaling a potential shift in leadership strategy.
  • Niklas Heuveldop, CEO of Ericsson-owned Vonage and head of Global Communications Platform, is being considered—a candidate with deep telecom and global business experience.
  • The report remains unverified by Reuters; any leadership transition would come amid Ocado’s focus on cost cuts, restructuring and path to cash‑flow positivity in FY2026.

Frequently Asked Questions

Who is Ocado Group's current CEO?
Ocado Group's current CEO is Tim Steiner.
Is Ocado Group planning to replace Tim Steiner as CEO?
Yes, Ocado Group is reportedly preparing to appoint a successor to CEO Tim Steiner.
Who has been considered for the Ocado CEO position?
Niklas Heuveldop, currently CEO of Vonage, has been mentioned as a candidate.
Who reported the news about Ocado Group's CEO succession plans?
Sky News reported on Ocado Group's plans to appoint a successor to CEO Tim Steiner.

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