OVHcloud Founder Octave Klaba Returns as CEO After Revenue Milestone

Reported about 7 hours ago

Octave Klaba, the founder of OVHcloud, has resumed his role as CEO as the company marks over 1 billion euros in annual revenue for the first time. The management restructuring comes as OVHcloud aims to tackle growing demand for AI services and adapt to geopolitical changes. Under Klaba's leadership, the company plans to strengthen its cloud independence and expand its operations globally, particularly in Canada, Singapore, and India, despite a rising net debt due to a recent share buyback.

Source: YAHOO

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