Ocado appoints new chief financial officer

Ocado has appointed a new chief financial officer, Mat Ankers to oversee the businesses finance, operations, IT and insights.

Ankers will be joining the online-only supermaket in autumn, leaving his current position as interim CFO for Poundland owner Pepco Group.

In a LinkedIn post announcing Ocado’s new CFO, the business said that Ankers will be “bringing a wealth of strategic and financial experience from his time at retailers across Europe.”


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He has previously held a range of other roles at Pepco, inlcuding within group strategy and investor relations and as group finance controller.

Ankers was also finance director at Poundland’s clothing brand, PEP&CO, as well as the discounters transformation director from 2019 to 2021.

Speaking of his favourite part about shopping on Ocado, Ankers said: “In a busy household with two young boys, I love the convenience and faultless service.

“The ‘instant shop’ feature makes sure we don’t forget the basics and the recipes page makes it easy to mix things up and try something new.”

This news comes as Ocado has defeated Norwegian robotics firm AutoStore in the UK High Court, declaring the decision to be a ‘total victory’ for the company.

Shares in the company have jumped by as much as 25% since the case – which centres around accusations of patent infringement from AutoStore – was called in Ocado’s favour when the judge ruled that the claims asserted against it were invalid.

NewsSupermarkets

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