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Ocado bosses pocket shares worth £116m amid pandemic home deliveries boom

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CEO Tim Steiner, to get 2.45m shares worth £66.2m as online grocery service’s sales reach £2.2bn in 2020

Four Ocado bosses are being handed shares worth £116m after its stock market value soared on the back of the pandemic boom in grocery home shopping.

The company’s chief executive, Tim Steiner, is the biggest winner from the controversial bonus scheme which attracted a backlash from investors when it was first introduced.

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