Luke Jensen set to step down as CEO at retail technology big hitter Ocado Solutions
Ocado Group reports that Luke Jensen has notified it of his intention to retire and will step down from the board as Executive Director and CEO at Ocado Solutions with effect from 30th September to focus on external non-executive director positions.
He has been Ocado Solutions CEO since 2017 and a member of the board since 2018.
John Martin, current Non-Executive Director at Ocado will be appointed as CEO at Ocado Solutions on 1st September, allowing a handover from Jensen.
As a result, Martin will cease to be a member of the board and will step down as Chair of the Audit Committee and as a member of the People Committee.
Tim Steiner, Chief Executive Officer at Ocado, says: "Over the last six years, Luke has played a key role in our transformation into a global technology solutions business.”
“He leaves our Solutions business in a strong position to drive future growth, having recently established a global regional structure, with the appointments of regional presidents and the creation of a global Partner Success organisation.”
“We wish him well and thank him for his contribution to Ocado. Luke will be supporting the transition over the coming months."
Rick Haythornthwaite, Chairman at Ocado, says: "I would like to thank Luke on behalf of the Board for his valuable contribution to the company, the board and Ocado Solutions.”
“I am delighted that John Martin will step into this role to deepen further the support of our clients as well as help shape our strategic direction and performance culture.”
“John has extensive strategic, operational and financial management experience of running large international businesses. The board believes he is the right successor to Luke with the required credentials to build on a strong foundation.”
Jensen says: "I am proud and honoured to have played a part in the transformation of Ocado from a UK retail company to a global leader in technology solutions.”
“With the roll-out of its latest innovations underway, Ocado is better placed than ever to support its partners to win in their markets, and to forge new partnerships with leading grocers across the globe. I wish Ocado every success for the future."
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