en.Wedoany.com Reported - According to an 8-K filing submitted to the U.S. Securities and Exchange Commission (SEC) on April 6 and an official announcement on the company's website, Oracle has appointed Hilary Maxson as its Chief Financial Officer, effective April 6, 2026. Maxson will report to CEO Clay Magouyrk and lead the company's global financial organization. Maxson previously served as Executive Vice President and Group Chief Financial Officer at Schneider Electric from 2020 until April 2026, a company with annual revenue exceeding $45 billion. According to the SEC filing, Maxson will receive an annual base salary of $950,000, a target annual performance bonus of $2.5 million, and equity incentives totaling $26 million, with 80% being time-based restricted stock units and 20% performance-based awards. Additionally, Oracle will cover relocation costs of up to $250,000. Maxson, aged 48, holds a bachelor's degree and an MBA from Cornell University and currently serves as a Non-Executive Director and Chair of the Audit Committee at Anglo American.
According to Oracle's official website, Maxson joins at a time when customer demand for cloud infrastructure exceeds supply. The company recently delivered its strongest quarterly performance in over 15 years, with organic total revenue and non-GAAP earnings per share growth both exceeding 20%. This appointment marks the reinstatement of the Chief Financial Officer position at Oracle after nearly 12 years. According to the SEC filing, in September 2025, former CEO and CFO Safra Catz transitioned to the role of Executive Vice President. The company appointed Clay Magouyrk and Mike Sicilia as Co-CEOs, while Douglas Kehring, who previously served as CFO, moved to the role of Executive Vice President of Operations. Magouyrk stated that Maxson's experience across industrial, infrastructure, and software sectors aligns with Oracle's corporate culture of financial and operational discipline.
Maxson joined Schneider Electric in 2017, having previously spent 12 years at AES Corporation, where she held senior leadership roles in finance, strategy, and mergers & acquisitions, supporting capital-intensive infrastructure investments. According to Oracle's announcement, the company's capital expenditure for fiscal year 2026 is projected to reach $50 billion, primarily for AI data center construction. Oracle plans to raise $45 to $50 billion through a combination of debt and equity financing.
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