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French cloud provider OVHcloud has announced a new chief executive officer and a €350 million ($378 million) share buyback as the company seeks to establish itself as a major European cloud provider.
Benjamin Revcolevschi , currently deputy CEO, is taking the reins from Michel Paulin , who has resigned, the company said in a statement on Thursday. Revcolevschi said OVH seeks to reach positive free cash flow in 2026, with 10% revenue growth next year.
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