Ocado is positioning a former Microsoft executive as a top candidate for their chairman role.
- Adam Warby, currently a leading figure in private equity and software, is in the running.
- Warby might replace Rick Haythornthwaite, who will step down to focus on commitments at NatWest Group.
- The decision on the appointment could occur as early as November.
- Ocado’s CEO expressed understanding and gratitude towards Haythornthwaite’s contributions.
Ocado Group is evaluating ex-Microsoft executive, Adam Warby, as a leading contender for the position of chairman. Warby’s notable experience includes his current role as chairman at private equity firm KKR and software company SoftwareONE. His extensive background at Microsoft and IBM strengthens his candidacy.
Rick Haythornthwaite, the current chairman, announced his planned departure from the board next year. His decision is based on escalating responsibilities with NatWest Group, where he will concentrate his efforts. Haythornthwaite confirmed he would not pursue re-election at Ocado’s annual general meeting in April 2025 and advised initiating the selection process for his successor.
Insiders suggest a formal announcement regarding Warby’s potential appointment could be made in November, aligning with the company’s planning needs.
Tim Steiner, Ocado’s CEO, publicly acknowledged Haythornthwaite’s effective leadership. Steiner stated, “Needless to say, we will be disappointed to lose Rick but we fully understand the reasons why he is stepping down as chair to focus on his new role at NatWest.” He highlighted Haythornthwaite’s success in strengthening corporate governance and guiding the business’s growth over three years.
Ocado’s strategic leadership transition reflects its forward-thinking planning and appreciation for its leaders’ career aspirations.
