Tim Steiner (businessman)

Tim Steiner
Born Timothy Steiner
November 1969 (age 48)
Residence Highgate, London
Nationality British
Education Haberdashers' Aske's Boys' School
Alma mater University of Manchester
Occupation businessman
Known for co-founder and CEO, Ocado
Net worth £125 million (2018)
Spouse(s) Belinda Steiner
Patrycja Pyka
Children 4

Tim Steiner OBE (born December 1969) is a British businessman, and the co-founder and chief executive (CEO) of Ocado, the FTSE 100 British online supermarket.

Early life

Tim Steiner was born in December 1969.[1] He was educated at Haberdashers' Aske's Boys' School in Elstree, Hertfordshire, followed by a bachelor's degree in economics, finance and accountancy from University of Manchester.[2][3] His great-grandfather founded Steiner Group which becameSteiner Leisure, a NASDAQ-traded beauty spa products company.[2]

Career

Steiner was employed by Goldman Sachs as a bond trader in London, New York and Hong Kong for eight years, before co-founding Ocado in 2000 with Jonathan Faiman and Jason Gissing.[3]

In February 2017, he received £1.2 million in Ocado shares. as part of an incentive scheme. [4]

In January 2018, he was part of a scandal involving sexual harassment at a charity evening at the President's Club [5]. He refused to answer journalists' questions about the event.

Personal life

In 1989, Steiner married Belinda at Hampstead Garden Suburb Synagogue, who worked in public relations.[6][7]

Steiner has four children with his wife Belinda, from whom he separated in 2013 after 14 years of marriage, two years later, he moved in with the Polish model Patrycja Pyka, two decades his junior.[3][4] In a July 2016 High Court hearing, the judge agreed to keep the divorce details private, and that no detail could be reported.[8]

Steiner lived in Highgate, London, until the split from his wife.[3] He has an estimated net worth of about £125 million in 2018.[9][6]

References

  1. ↑ "Timothy STEINER - Personal Appointments (free information from Companies House)". beta.companieshouse.gov.uk. Retrieved 27 January 2018.
  2. 1 2 O’Doherty, John (20 July 2010). "Profile: Ocado founders". Financial Times. Retrieved 27 January 2018.
  3. 1 2 3 4 Turner, Camilla (19 March 2016). "Ocado boss is dating Polish model twenty years his junior after filing for divorce from wife". Retrieved 27 January 2018 – via www.telegraph.co.uk.
  4. 1 2 "IN THE MONEY: Tim Steiner, 47 Chief executive, Ocado". thisismoney.co.uk. Retrieved 27 January 2018.
  5. ↑ Madison Marriage (23 January 2018). "Men only:inside the charity fundraiser where hostesses are put on show".
  6. 1 2 "Highgate Ocado boss faces ex wife in one of Britain's biggest ever divorce battles". hamhigh.co.uk. Retrieved 27 January 2018.
  7. ↑ https://www.thejc.com/lifestyle/features/striving-to-rediscover-hunger-will-make-successful-start-ups-1.32310
  8. ↑ "Judge rules to keep Ocado boss' multi-million pound divorce private". standard.co.uk. Retrieved 27 January 2018.
  9. ↑ "Presidents Club: who was invited to the all-male charity gala?". the Guardian. 25 January 2018. Retrieved 27 January 2018.
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