Ocado appoints new Executive Director

Ocado Group plc has today announced that Luke Jensen, current CEO of Ocado Solutions, will join the Board as an Executive Director with effect from 1 March 2018.

Jensen joined Ocado in February 2017 to lead the Ocado Solutions business and since then he has overseen significant progress with the signing of three international partnerships including Sobeys Inc. in Canada and Groupe Casino in France. Jensen also manages the relationship with existing Ocado Solutions client, Morrisons, who successfully launched its store pick operations utilising the OSP platform in 2017.

Jensen has extensive experience in strategy, online and grocery retailing. Prior to joining Ocado, Luke was a Senior Advisor at the Boston Consulting Group and previously Group Development Director at Sainsbury's, with responsibility for all online and digital activities.

Lord Rose, Chairman of Ocado, said, 'I am very pleased to welcome Luke to the Ocado Board. Luke has led the Ocado Solutions team which has delivered three international deals for the Company in the past 12 months. The Board is confident that Ocado Solutions will create significant long term value to the Group and we believe it is important to have this business represented at Board level.'

Luke Jensen said, 'I am excited to be joining the Board of Ocado at this point in the Group's growth. My first year has been transformational for the business and I look forward to growing the Ocado Solutions business and to welcoming more major grocers to our expanding list of international partners powered by Ocado Smart Platform.'