OCADO's online grocery arm has appointed Hannah Gibson as CEO.

Gibson will take up her position on 20 September, stepping into the shoes of Melanie Smith, who left in July, Ocado Retail announced.

Gibson, who is currently chief product officer for Ocado

Technology, has spent more than 10 years at parent firm Ocado Group.

Ocado Group's share price was down by almost three per cent yesterday afternoon.

Ocado Retail, which became a joint venture with Marks and Spencer in 2019, has seen a decline in basket size in recent months after booming during Covid-19 lockdowns.

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