Jason Gissing

Jason Gissing (born 1970) is one of the founders of Ocado, an online grocery retailer in the United Kingdom.

Gissing was born in the UK and educated at Oundle School in Northamptonshire and Worcester College, Oxford University. He had an English father and has a Japanese mother.[1]

He started Ocado with two friends and former colleagues from Goldman Sachs (Tim Steiner and Jonathan Faiman) in January 2000.[2] Prior to Ocado, Gissing spent eight years as a banker at Goldman Sachs. Ocado is the largest dedicated internet grocery retailer in the world, and has won numerous customer service awards in the UK. It has been operationally profitable since November 2007 but did not make post-tax profit until 2014. It listed on the London stock market in July 2010, valuing the company at £940 million.

Gissing is married to former professional skier Katinka, daughter of the late Arne Naess, Jr.[3] They have four children. His sister-in-law is the folk rock musician Leona Naess and his brother-in-law is the singer/songwriter Evan Ross.

In January 2014 Gissing announced that he would retire, staying on until the AGM on 7 May and leaving chief executive Tim Steiner as the last founder still with the company. Ocado had sales of about £1 billion in 2014 and made its first ever profit.[4]. In May 2018 it was announced that Ocado would join the FTSE 100 for the first time, valued at almost £6 billion. [5]

References

  1. ↑ "Ocado founder I was about to get on a plane to Japan"
  2. ↑ "The Times & The Sunday Times". thetimes.co.uk. Retrieved 27 January 2018.
  3. ↑ ""Lucy Kellaway meets The Man with the Ocado Van"". ft.com. Retrieved 27 January 2018.
  4. ↑ Farrell, Sean; Butler, Sarah (4 February 2014). "Ocado directors to share £5.5m bonus pot despite widening losses last year". the Guardian. Retrieved 27 January 2018.
  5. ↑ "Ocado moves up to FTSE 100 as M&S avoids relegation". news.sky.com. Retrieved 30 May 2018.
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