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Oracle Corporation’s (ORCL) latest leadership shake-up adds a new variable to an already changing investment story. Oracle has appointed Hilary Maxson as Chief Financial Officer, effective April 6, bringing in a seasoned finance executive who served as Executive VP and group CFO in Schneider Electric (SBGSY) at a time when the company is dramatically ramping spending on artificial intelligence (AI) and cloud infrastructure.
Importantly, Maxson replaces Doug Kehring, who had been serving as principal financial officer and will now shift back to operations.