Former Ted Baker CEO Rachel Osborne has been appointed independent non-executive director of Ocado.
Joining the board on 1 September 2023, Osborne will also act as a member of the Audit Committee and the People Committee.
Prior to her appointment at the retail tech company, she was the chief executive of Ted Baker, having stepped down from the role this month.
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Osborne has previously served as the chief financial officer of Debenhams and Domino’s Pizza Group, and was finance director of John Lewis Division within the John Lewis Partnership.
She will replace Michael Sherman, who will retire from the board to focus on his managing director role at Barclays.
Speaking of the appointment, Ocado CEO Tim Steiner said: “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.”
Osborne added: “I am delighted to be joining the Ocado Group board at an exciting time for the Group with new innovations driving efficiency and growth to deliver existing and new opportunities globally. I am looking forward to working with the rest of the board to continue Ocado’s journey.”
This comes as an investment firm chaired by former chancellor of the Exchequer, George Osborne, has increased its stake in the online grocer to 5%.
