Mastercard's Richard Haythornthwaite to become Ocado Group's chairman

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Haythornthwaite will join the Ocado board as an independent non-executive director with effect from Jan. 2021 before assuming the chairman’s role after Ocado’s AGM in May, the company said in a statement on Friday.

He will retire from his position at Mastercard at the end of the year, the statement added.

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