Ocado Group considers former Microsoft executive Adam Warby for the chairman role, following Rick Haythornthwaite’s departure.
- Adam Warby, currently chairing KKR, is the lead candidate for replacing Ocado’s chairman, according to City sources.
- Warby’s prior roles at SoftwareONE and IBM strengthen his candidacy as Ocado seeks new leadership.
- Rick Haythornthwaite to step down due to increased NatWest commitments, prompting Ocado’s succession planning.
- Ocado’s CEO expresses disappointment at Haythornthwaite’s departure but understands his focus on NatWest.
In a strategic move, Ocado Group is considering Adam Warby, a former Microsoft executive, as a leading choice for its new chairman. Warby, who currently presides over the board at KKR, is seen as a strong candidate to succeed the current chair, Rick Haythornthwaite. City insiders reveal that an official announcement could be imminent, possibly by November. Warby’s impressive background includes chairing the software firm SoftwareONE and holding significant roles at both Microsoft and IBM, which may bolster his suitability for the Ocado position.
Haythornthwaite announced his intent to depart from the role earlier this year, citing his “increasing commitment” to the NatWest Group as the primary reason. This decision has set in motion Ocado’s plans to appoint a new chairman ahead of their April 2025 general meeting. The present chairman has made notable contributions to strengthening Ocado’s corporate governance framework and providing strategic guidance to the executive team. His leadership has been instrumental in steering the company through three years of growth and transformation.
Ocado’s Chief Executive, Tim Steiner, publicly commented on Haythornthwaite’s forthcoming departure. He emphasised the positive impact of Haythornthwaite’s governance, while expressing understanding and respect for his decision to concentrate on his role at NatWest. “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,” Steiner remarked. Warby’s potential appointment is considered a continuation of strong leadership at the helm of the company.
As Ocado advances in its leadership transition, Adam Warby’s extensive experience positions him as a promising candidate for the chairman role.
