Ocado promotes solutions boss Luke Jensen to executive role

Online grocer Ocado has appointed Luke Jensen, current chief executive of its Solutions division, to the group's board as an executive director.

Jensen had overseen significant progress within the group since joining in February 2017, including the signing of several major international partnerships with the likes of Sobeys and Groupe Casino.

Before joining Ocado, he was a senior advisor at the Boston Consulting Group and a group development director at Sainsbury's, with responsibility for all online and digital activities.

Lord Rose, Ocado's chairman, said: "I am very pleased to welcome Luke to the Ocado board. Luke has led the Ocado Solutions team which has delivered three international deals for the company in the past 12 months. The board is confident that Ocado Solutions will create significant long-term value to the group and we believe it is important to have this business represented at board level."

Jensen said: "I am excited to be joining the board of Ocado at this point in the group's growth. My first year has been transformational for the business and I look forward to growing the Ocado Solutions business and to welcoming more major grocers to our expanding list of international partners powered by Ocado Smart Platform."

At 0920 GMT, the shares were up 3.1% to 519.20p.