Oracle Names Hilary Maxson New Chief Financial Officer Amid Growth Surge

Oracle Appoints Hilary Maxson as CFO

On April 6, 2026, Oracle Corporation, listed on the NYSE as ORCL, announced an important leadership change with the appointment of Hilary Maxson as Chief Financial Officer (CFO). This strategic move comes as Oracle experiences unprecedented growth, driven largely by an increasing demand for cloud infrastructure and services.

As the new CFO, Maxson will report directly to the Chief Executive Officer (CEO), Clay Magouyrk. Her role will involve overseeing the company’s global finance operations and ensuring that the organization continues to meet the escalating needs of its customer base, particularly in areas such as AI training, multicloud databases, and cloud applications. The last quarter saw Oracle achieve its strongest performance in over 15 years, showcasing a growth rate exceeding 20% for both total revenue and non-GAAP earnings per share.

During this time of rapid expansion, Oracle sees a significant opportunity to scale its cloud infrastructure further and enhance customer satisfaction. Maxson's expertise will be pivotal in guiding the company's financial strategies to support this trajectory. “We are pleased to welcome a financial leader who aligns perfectly with our commitment to operational and financial discipline,” noted Magouyrk. He expressed confidence in Maxson's ability to navigate the complexities of capital-intensive global organizations, an area where she has considerable experience.

Before joining Oracle, Hilary Maxson held the position of Executive Vice President and Group Chief Financial Officer at Schneider Electric, a leading entity in the realms of electrification and automation. Her tenure there, which began in 2017, was marked by transformative changes, evolving Schneider Electric from an electrical equipment provider to a comprehensive digital energy technology partner. Here, she played a crucial role in driving performance and transforming operations, particularly in critical sectors like utilities and data centers.

Maxson’s career also includes a significant 12-year stint at the AES Corporation, where she held senior finance, strategy, and mergers & acquisitions positions. Her rich professional background culminates in a strong foundation that complements Oracle's needs perfectly.

“I am thrilled to join Oracle at such a critical juncture,” Maxson stated upon her appointment. She expressed her eagerness to partner with the leadership team to strategically invest resources and create enduring value for both customers and stakeholders. Maxson's academic credentials include a bachelor's degree and an MBA from Cornell University, and she also serves on the board of Anglo American plc as a non-executive director and Chair of the Audit Committee.

Doug Kehring, who has expertly managed the finance organization over the past six months, will now refocus on optimizing Oracle’s go-to-market operations. His leadership during this transitional phase has been instrumental in setting the stage for Maxson's entry.

As Oracle continues to thrive at the intersection of cloud services, AI, and industry applications, the company is poised for sustained growth. The financial strategies implemented by Maxson will be crucial as Oracle navigates this rapid expansion phase, ensuring that the transformation translates into long-term success. This leadership change at Oracle exemplifies the company’s commitment to innovation, excellence, and resilience in the face of growing market demands.