Governance Changes - The Board of Directors has decided to end the separation of the roles of Chairman of the Board and Chief Executive Officer, resulting in the end of Benjamin Revcolevschi's term [1] - Octave Klaba has been appointed as both Chairman of the Board and Chief Executive Officer of OVH Group, effective October 20, 2025 [2] Strategic Vision - The unification of the Chairman and CEO roles aims to strengthen the link between vision, strategy, and execution, enhancing OVHcloud's ability to adapt to market developments [3] - A new five-year Strategic Plan is being launched, allowing customers to benefit from past investments in data centers and software [4] Leadership Commitment - Octave Klaba emphasizes the importance of cloud as a strategic infrastructure in a fully digital economy, aiming to serve a diverse range of customers from digital starters to large corporations [4][6] - The Board believes that Klaba's leadership will enhance the velocity and efficiency of OVHcloud's management, enabling the implementation of the strategic plan [7] Company Background - Octave Klaba, the founder of OVHcloud, has a history of advocating for an open internet and has led the company through significant growth and innovation [8][9] - OVHcloud operates over 500,000 servers across 44 data centers globally, serving 1.6 million customers in over 140 countries [15]
OVHcloud changes its governance structure by reuniting the roles of Chairman of the Board and Chief Executive Officer. Octave Klaba is appointed Chairman of the Board and Chief Executive Officer.
Globenewswireยท2025-10-21 05:00