Iliad announced a new governance structure effective from 21 May 2018. CFO Thomas Reynaud becomes CEO of the group, replacing Maxime Lombardini who takes the position of chairman of the board of directors. The company said that the new management has the full commitment of Iliad's founder Xavier Niel, its main shareholder with 52% of share capital.

Within the revised structure, Niel holds the position of vice-chairman of the board and chief strategic officer.