Spotlight falls on Ocado boss Tim Steiner’s £100m in payouts

Reports claim replacement being lined up for co-founder amid concern over high pay and company’s struggling share price

The boss of Ocado has collected nearly £100m since the online grocery company floated on the stock market in 2010, despite its share price now languishing below its flotation level, analysis has shown.

Tim Steiner, a former Goldman Sachs trader who co-founded the British technology company in 2000, is thought to be in discussions over his future after it emerged Ocado had approached at least one potential replacement.