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Ocado Group PLC - Hertfordshire-based online grocer and warehouse technology firm - Appoints Rachel Osborne as independent non-executive director from September 1. She is the former chief executive officer of fashion retailer Ted Baker. Osborne was formerly chief financial officer of Debenhams PLC and Domino’s Pizza Group PLC and was finance director of John Lewis Division within the John Lewis Partnership.
Ocado CEO Tim Steiner says: ‘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.’
Current stock price: 562.80 pence, up 6.1% on Tuesday afternoon in London
12-month change: down 35%
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