OVH reorganises its governance to support new acceleration phase

• Octave Klaba is appointed CEO and retains his position as Chairman of the Board of Directors.• Laurent Allard becomes Vice-Chairman of the Board of Directors.

The last 2 years have been strategic for OVH - capital growth of €250 million from new international investors, strong revenue growth, rapid globalisation with the opening of new datacentres in Australia, Singapore and Poland as well as the creation of a management team in the United States - OVH is now moving up a gear and has set up a new governance structure to further accelerate its growth, aiming to become a global leader of the Cloud.

Laurent Allard is now appointed Vice-Chairman of the Board of directors. He is now in charge of creating and leading the group’s strategic committee. His role will cover defining the strategy, leading strategic planning, managing public affairs and developing strategic alliances.
Octave Klaba has now been appointed CEO, focusing on execution of the strategy and leading the technology agenda. Octave is retaining his position as Chairman of the Board of directors.

This shift in roles aims to support the deployment of the “Next Level” strategic plan with the goal of reaching a turnover of a billion euros by 2020 and hiring more than 1000 staff over the two next years. This new organisation will enable OVH to address the two-fold challenge: strengthening the Group's long-term development plan and providing it with the most effective operational model to achieve this.

“While changing our respective roles, together we are taking OVH towards a new dimension. Laurent is going to deliver our agenda for growth whereas, from my side, I’m now focusing on the execution of the strategy, mobilising the teams and delivering commitment to our customers” explains Octave Klaba, founder of OVH. “After 18 years, we are approaching a new cycle while maintaining the agility and the entrepreneurial spirit which is our strength”.

“In two years, OVH has grown a lot. We are now in a position to write the next chapter of this incredible journey and to take the company even further” added Laurent Allard.