LONDON, Oct 31 (Reuters) - Ocado ( OCDGF ), the British

online supermarket and technology group, on Thursday named Adam

Warby as its chair from Dec. 1, succeeding Rick Haythornthwaite.

Warby is a veteran of the technology sector. He is currently

chair of NASDAQ-listed advisory group Heidrick & Struggles

International ( HSII ) and is a previous chair of Swiss software

firm SoftwareOne Holding. He has also worked for Microsoft and

IBM.

Ocado ( OCDGF ) said Warby would join as a non-executive director on

Nov. 1.

Shares in the group have lost over half their value this

year. However, in July, Ocado ( OCDGF ) did raise its margin guidance for

its 2023/24 year.

CEO and co-founder Tim Steiner said Warby was joining at an

important moment in the group's development with its technology

now live with 11 of its 13 partners globally.