Oracle Corporation today announced the appointment of Hilary Maxson as Chief Financial Officer, starting April 6, 2026.
Before joining Oracle, Maxson served as Executive Vice President and Group Chief Financial Officer at Schneider Electric, a global leader in electrification, automation, and digitalization with over $45 billion in annual revenue. Earlier in her career, Maxson spent 12 years at the AES Corporation, where she held senior leadership roles in finance, strategy, and M&A, supporting complex, capital-intensive infrastructure investments worldwide.
Maxson joins Oracle as demand for AI computing and cloud databases exceeds available capacity, prompting the company to accelerate investments in data centers and infrastructure.
Clay Magouyrk, CEO, Oracle, told investors, “We are pleased that we found a financial leader that matches our culture of strong financial and operational discipline and has experience scaling capital intensive global organizations. Hilary’s experience spans industrial, infrastructure, and software businesses—sectors where capital intensity and execution excellence are critical to success. Alongside Mike Sicilia, CEO, we are looking forward to working together with our new CFO. I’d like to also thank Doug Kehring for running the finance organization the past six months as we prepared for this transition to Hilary. Doug will be returning his focus to helping optimize and accelerate our go-to-market operations.”
Maxson said, “Oracle has built extraordinary momentum at the intersection of cloud, AI, and industry applications. I’m excited to join at this pivotal moment, and I look forward to partnering with Clay, Mike, and the broader leadership team to continue to invest with discipline and to translate this momentum into durable, long‑term value for customers and shareholders.”
With Maxson’s appointment, Doug Kehring will step down from his role as Oracle’s Principal Financial Officer. Kehring’s leadership helped steer the company through a period of significant growth and organizational change, preparing the business for its next phase of expansion.
By CEO NA Editorial Staff
