Oracle is recruiting a new chief financial officer from Schneider Electric
Oracle is recruiting a new chief financial officer from Schneider Electric

The American company Oracle has announced the appointment of Hilary Maxson as Chief Financial Officer, effective immediately. She succeeds Doug Kehring, who held the position for six months and will now focus on business development within the company.

This experienced executive, who previously worked at Schneider Electric, arrives at a strategic time for Oracle, marked by an acceleration of investments in cloud and artificial intelligence, two pillars of growth for the group.

A profile to support investments in AI

The company faces significant financial needs related to the development of its technological infrastructure. These massive investments raise questions about the group's debt level in a rapidly changing sector.

Hilary Maxson stated her intention to ensure the continuity of investments while creating long-term value for both clients and shareholders. Her appointment reflects a desire to strengthen Oracle's financial management during a phase of expansion.

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