Oracle Appoints Hilary Maxson as New Chief Financial Officer

Details

Maxson, previously the Group Chief Financial Officer at Schneider Electric, brings extensive experience in scaling capital-intensive global organizations. She will be responsible for leading Oracle's global finance organization and will report directly to the CEO. Maxson's compensation package includes an annual base salary of $950,000, a target annual performance-based bonus of $2,500,000, up to $250,000 for relocation costs, and an equity grant with an intended value of $26 million. Doug Kehring, the previous CFO, will transition to a different role focusing on go-to-market operations.

Items reported

About Oracle Corporation

Oracle Corporation is a global leader in enterprise software, cloud services, and database technology. The company specializes in developing solutions that help organizations manage and optimize business processes and data storage. Known for its powerful Oracle Database, Oracle provides a comprehensive suite of software such as Oracle Cloud Infrastructure, Fusion ERP, HCM Cloud, and MySQL. These services cater to various industries, including financial services, healthcare, retail, and government sectors. Oracle's focus on cloud technology and integrated software solutions plays a crucial role in helping businesses transition to digital operations. Additionally, Oracle's robust portfolio supports mission-critical processes for Fortune 500 companies, making it a cornerstone in the tech industry. Founded in 1977 and headquartered in Austin, Texas, Oracle Corporation continues to drive innovation in database management and cloud computing, consolidating its market significance as a pivotal provider of IT solutions globally.