Oracle Appoints Hilary Maxson as CFO

Oracle Corporation appointed Hilary Maxson as its chief financial officer on April 6, 2026, reinstating a formal CFO role the company had not filled since 2014. Maxson, previously executive vice president and group CFO at Schneider Electric, steps into the position amid Oracle's aggressive expansion in artificial intelligence and cloud infrastructure, where the company is investing tens of billions of dollars in data centers to meet surging demand from clients including OpenAI and Meta Platforms.

The appointment comes as Oracle navigates significant financial pressures, including plans to raise up to $50 billion through debt and equity sales this year to fund its infrastructure buildout. Wall Street analysts project the company will remain free cash flow negative through 2030 due to the scale of these efforts. Maxson, 48, brings over a decade of experience in capital-intensive sectors, including nine years at Schneider Electric, where she helped scale operations for the industrial giant generating more than $45 billion in annual revenue. Her earlier roles at energy firm AES Corporation involved financial management, strategy, and acquisitions across Asia and other regions. She...