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OVHcloud founder Klaba returns as CEO amid 1 billion euros revenue milestone

Summary by Reuters
OVHcloud , Europe’s largest cloud provider, announced that French-Polish founder Octave Klaba has returned as CEO effective immediately, after the board decided to merge the chairman and CEO roles.Read MoreThe post OVHcloud founder Klaba returns as CEO amid 1 billion euros revenue milestone first appeared on The Who Dat Daily.

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By unveiling lower than expected growth forecasts, the European cloud specialist, OVHcloud, lost more than 15% on the stock market. At the same time, Octave Klaba will replace Benjamin Revcolevschi.

After seven years of retreating from the management position, Octave Klaba returns to the head of OVHcloud. This decision of the board of directors marks a turning point in the governance of the group, at a time when the cloud and artificial intelligence market is undergoing a profound change... A re-established governance around the founder... According to a press release [...]

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On Tuesday, 21 October, the Roubaisian cloud service company announced the return of its iconic founder to its head, following the surprise departure of its general manager, Benjamin Revcolevschi. This reversal comes in a crucial period for the tricolor firm, faced with several challenges, as it tries to impose itself as champion of sovereign cloud solutions.

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  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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Reuters broke the news in United Kingdom on Tuesday, October 21, 2025.
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