By Leo Marchandon
(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.
The move coincides with the company surpassing 1 billion euros ($1.17 billion) in annual revenue for the first time.
Klaba, who led the company from its founding in 1999 until 2018 before becoming chairman, will oversee operations as OVHcloud addresses rising demand for artificial intelligence services and growing emphasis on cloud independence amid geopolitical shifts. He replaces Benjamin Revcolevschi, who had been CEO since 2024.
“We see a world that is fragmenting. The ‘globalized world’ is not there anymore,” Klaba told Reuters, highlighting the company’s foc