Oracle appoints Hilary Maxson as new Chief Financial Officer

MUMBAI: Oracle has just balanced its books with a high-calibre addition because when you’re growing faster than the cloud can keep up, you need someone who knows how to handle serious capital intensity. Oracle Corporation has appointed Hilary Maxson as its new chief financial officer. She will report directly to CEO Clay Magouyrk and lead the company’s global finance team, effective 6 April 2026.

Maxson joins Oracle from Schneider Electric, where she served as executive vice president and group chief financial officer. She brings deep experience across industrial, infrastructure, and software businesses, with a strong track record in scaling capital-intensive global organisations. Earlier in her career, she spent 12 years at AES Corporation in senior finance, strategy, and M&A roles. She currently serves as a non-executive director and Chair of the Audit Committee at Anglo American plc.

The appointment comes at a pivotal time for Oracle, as customer demand for cloud infrastructure continues to outpace supply. Oracle CEO Clay Magouyrk said, “We are pleased that we found a financial leader that matches our culture of strong financial and operational discipline. Hilary’s experience spans sectors where capital intensity and execution excellence are critical.”

Maxson said she was excited to join at this transformative moment, “Oracle has built extraordinary momentum at the intersection of cloud, AI, and industry applications. I look forward to partnering with Clay, Mike, and the broader leadership team to invest with discipline and deliver long-term value.”

Doug Kehring, who has been serving as principal financial officer for the past six months, will now return his focus to optimising go-to-market operations.

In the high-stakes world of cloud computing, where growth is skyrocketing and capital decisions carry massive weight, Oracle has brought in a seasoned financial strategist to help steer the ship. Hilary Maxson’s arrival signals the company’s serious intent to maintain financial discipline while capitalising on its strong momentum.