Ocado Group plc ( Ocado Group or the Company ), the pioneer of online grocery, today announces that it intends to appoint Richard ( Rick ) Haythornthwaite as independent non-executive Chairman of the Board at its AGM in May 2021 to replace Stuart Rose, who will be retiring from the role after eight years of service. Rick, who will join the Board as an independent Non-Executive Director with effect from 1 January 2021 before assuming the Chairman s role after Ocado s AGM in May, brings a wealth of relevant experience as chairman, non-executive director, and CEO of a wide range of companies. He is currently Chairman of Mastercard Inc., which he joined just before the IPO of the company in 2006, and he will retire from this position at the end of the year. Rick is also the chairman and co-founder of QiO Technologies Ltd, an advanced analytics and AI software company. He has previously served as CEO of listed companies Invensys plc and B