Oracle's New CFO Hilary Maxson: A Strategic Move Amid Growing Demand for AI Computing and Cloud Databases
Oracle has announced the appointment of Hilary Maxson as its new chief financial officer, effective immediately. Maxson's arrival comes at a time when the demand for AI computing and cloud databases is surpassing available capacity, prompting Oracle to ramp up investments in data centers and infrastructure.
Prior to joining Oracle, Maxson held the position of group CFO at Schneider Electric, a leading energy management and automation company with an annual revenue exceeding $45 billion. Following Maxson's appointment, Doug Kehring will step down as Oracle's principal financial officer to refocus on the company's go-to-market operations.
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