By Matteo Castia

Ocado Group PLC said Thursday that it has appointed Stephen Daintith as its new chief financial officer, succeeding Duncan Tatton-Brown.

The online grocer said Mr. Tatton-Brown will step down on Nov. 22 due to family circumstances. He will then continue as a nonexecutive director at three of Ocado's subsidiaries, including the company's joint venture with U.K. grocer Marks & Spencer Group PLC.

A starting date for Mr. Daintith is yet to be confirmed, the company said.

Mr. Daintith currently works as CFO at jet-engine maker Rolls-Royce Holdings PLC and has had experiences in senior roles at companies such as Daily Mail and Dow Jones & Co.

Write to Matteo Castia at matteo.castia@dowjones.com

(END) Dow Jones Newswires

August 27, 2020 02:30 ET (06:30 GMT)

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