Ocado chief financial officer Andrew Bracey has resigned to join recruitment giant Michael Page International.

Bracey will leave in April once the year-end audit and annual report process has been completed.

“We are grateful to Andrew Bracey for his vital contribution at the IPO and in our time as a public company,” said Ocado chief executive Tim Steiner. “He has been a great friend to the business and a wonderful colleague.”

Bracey said he intended to retain his shareholding in Ocado, currently worth £658,170.

In a shake-up of the company’s senior management, co-founder Jason Gissing will take up a new role as commercial director in charge of Ocado’s buying, supplier and customer relationships, marketing and brand developments. His previous responsibility for HR will transfer to Neill Abrams, who is currently in charge of legal and business affairs.

Head of technology Mark Richardson is promoted to a newly created board role of operations director.

“Mark has worked closely with Tim as we have addressed the capacity issues of recent months,” said Ocado chairman Michael Grade. “He will now take full responsibility for the day to day technical and operating side of the business.”