ITV News
Oracle appoints Hilary Maxson as new Chief Financial Officer
Finance veteran to join cloud giant on 6 April 2026.
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.
ITV News
Sonata Software CEO Samir Dhir to exit, Rajsekhar Datta Roy named successor
Samir Dhir steps down after tenure, to stay on as advisor till December 2026
BENGALURU: Sonata Software Limited has announced a leadership transition, appointing Rajsekhar Datta Roy as chief executive officer, effective May 9, 2026, for a three-year term. He will lead the company’s international business as it sharpens its focus on AI-led transformation.
Roy, a long-time company veteran, brings over three decades of experience in scaling technology practices and managing global delivery operations for enterprise clients. He has played a central role in building Sonata’s Microsoft and Dynamics practices into key growth engines, while also driving strategy and large-scale digital transformation programmes.
Over the past year, Roy has been closely involved in steering Sonata’s shift towards becoming an AI-first organisation. He has led initiatives around the company’s responsible-first AI framework and contributed to the development of its Harmoni.AI platform, alongside efforts to improve operational margins through tech-driven efficiencies.
Prior to this elevation, Roy served as chief delivery officer, overseeing global delivery and operations, and was a key member of the executive leadership team shaping the company’s transformation roadmap.
The transition follows the exit of Samir Dhir, who will step down as managing director and CEO at the close of business on May 8, 2026. He has also resigned as executive director but will continue as an advisor to the board until December 31, 2026, ensuring continuity during the transition.
The board acknowledged Dhir’s tenure, noting that under his leadership, Sonata strengthened its position as a strategic partner for clients and advanced into its next phase of growth.
Sonata Software Limited executive vice chairman Srikar Reddy said, “Raj’s promotion to CEO underscores our confidence in his leadership and strong technology vision. His deep understanding of Sonata Software will help us continue building an innovative and trusted organisation.”
Sonata Software Limited chief executive officer Rajsekhar Datta Roy added, “I am honoured to step into this role and lead the company’s international business. Our focus will remain on strengthening core capabilities and accelerating AI-led modernisation journeys for our clients.”
With this leadership change, Sonata Software is signalling continuity with a forward-looking tilt, betting on internal leadership and AI capabilities to power its next phase of global growth.
