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Fortune
Fortune
Sheryl Estrada

Why Oracle’s new CFO Hilary Maxson is key to its AI ambitions

In this photo illustration, the logo of Oracle Corporation is displayed on a smartphone screen, with the company’s signature red branding visible in the background

Good morning. Hilary Maxson is stepping into the CFO role at Oracle at a pivotal—and risky—moment. As the company invests heavily in AI infrastructure to keep pace with other hyperscalers, the job is no longer just about financial stewardship; it’s about managing the trade-offs of a capital-intensive bet on the future.

Maxson began as CFO on Monday, the company announced. She was previously EVP and group CFO at Schneider Electric and spent 12 years at AES Corporation in senior roles across finance, strategy, and M&A. Doug Kehring will transition out of his role as Oracle’s principal financial officer.

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