Ocado appoints Rachel Osborne as a non-executive director
Ocado has appointed former Ted Baker chief executive Rachel Osborne as a non-executive director.
Due to take up her role on 1 September 2023, Osborne will also be a member of the audit committee and the people committee.
Having stepped down as chief executive of Ted Baker this month, she previously served as the chief financial officer of Debenhams and Domino’s Pizza Group. Earlier in her career, she was finance director of the John Lewis Division within the John Lewis Partnership.
Tim Steiner, chief executive of Ocado, said: “I am very excited to welcome Rachel to our board. 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.”
Ocado has also announced that Michael Sherman has retired from the board to enable him to focus on his expanded executive role at Barclays UK.
Rick Haythornthwaite, chairman of Ocado, said: “The board is grateful to Michael for his service and contributions to the company and as a member of the audit and people committees during his tenure. I personally wish him every success in the future.”