Tim Steiner, 49, who co-founded the online supermarket in 2000, was given the bumper bonus in shares worth £49.6million. Chief financial officer Duncan Tatton-Brown and chief operations officer Mark Richardson also received free shares, worth £12.4million each. Luke Jensen, who runs Ocado's technology division, pocketed shares worth £5.8million. Ocado boss Tim Steiner, 49 (pictured), was given a bonus of shares worth £49.6million. Ocado executives have benefited from a huge rise in the firm's stock price after it won a slew of contracts to provide overseas supermarkets with its pioneering delivery technology and robot-powered warehouses.

Source: Daily Mail May 25, 2019 01:07 UTC