Oracle has appointed Hilary Maxson as its new CFO to steer finances during rapid AI-led expansion. The company has taken on $58 billion in debt in recent months, even as growth surged. Maxson replaces a long-standing leadership gap as Oracle scales large infrastructure investments.
Oracle has appointed Hilary Maxson as its new Chief Financial Officer, bringing in a seasoned executive from the energy and industrial sector to steer the company's finances through the most aggressive expansion in its history.
Maxson will report to CEO Clay Magouyrk and lead Oracle's global finance organisation. The appointment comes as the technology company has been taking on a heavy debt load to fuel its massive AI infrastructure spending.
Who is Hilary Maxson?
Maxson's career is defined by large-scale infrastructure and transformation. Since joining Schneider Electric in 2017, the organisation transformed from an electrical equipment supplier into a digital energy technology partner for key segments like utilities and data centres, focused on modernising the energy landscape through software, data, and AI, and Maxson played a key role in driving performance, scaling operations, and advancing that strategic transformation.
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