Ocado boss Tim Steiner bags £54m bonus - BBC News
The boss of online shopping company Ocado has bagged a £54m bonus, despite his firm posting a bruising £214.5m loss last year.
Tim Steiner got the windfall after an incentive scheme tied to the firm's share price paid out.
It comes on top of a further £4.7m in salary and other bonuses for Mr Steiner, bringing his total pay in 2019 to £58.7m.
Ocado is seeing strong sales but has not made a profit for three years.
For years the firm, which sells groceries online and has no physical stores, failed to live up to its potential, disappointing investors.
