Former Ted Baker CEO takes director role at Ocado

A former chief executive officer of Ted Baker has been appointed as a non-executive director at Ocado.

Rachel Osborne will be taking on the position from September 1st and will also become a member of the company’s Audit Committee and the People Committee.

Osborne stepped down as CEO of Ted Baker in June 2023 and has also previously served as chief financial officer of Debenhams and of Domino’s, and was also finance director of John Lewis.

Tim Steiner, chief executive officer 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.”

The retailer has also announced the retirement of Michael Sherman from the board as he looks to focus his time on his expanded executive role at Barclays.