Oracle Corporation (NYSE: ORCL) appointed Hilary Maxson as chief financial officer, effective April 6, 2026, according to a company statement. Maxson will report to Chief Executive Officer Clay Magouyrk and lead the company's global finance organization.

Prior to joining Oracle, Maxson served as Executive Vice President and Group Chief Financial Officer at Schneider Electric, a global company with more than $45 billion in annual revenue. She joined Schneider Electric in 2017 and played a role in the company's transformation from an electrical equipment supplier into a digital energy technology partner. Earlier in her career, Maxson spent 12 years at AES Corporation in senior leadership roles across finance, strategy, and mergers and acquisitions.

Maxson holds a bachelor's degree and MBA from Cornell University. She also serves as a non-executive director and Chair of the Audit Committee at Anglo American plc.

"We are pleased that we found a financial leader that matches our culture of strong financial and operational discipline and has experience scaling capital intensive global organizations," said Clay Magouyrk, CEO of Oracle. "Hilary's experience spans industrial, infrastructure, and software businesses—sectors where capital intensity and execution excellence are critical to success."

With Maxson's appointment, Doug Kehring will transition out of the role of Oracle's Principal Financial Officer. Kehring had been running the finance organization for the past six months during the transition period and will return to focus on go-to-market operations optimization.

Oracle stated that the appointment comes during a period when customer demand for cloud infrastructure exceeds supply, driven by AI training and inferencing, multicloud database, and cloud applications.