# Hilary Maxson joins Oracle when demand for AI computing, cloud databases is outpacing available capacity.

*business · news · 2026-04-06 · The Economic Times*

## Key points

- Oracle appointed Hilary Maxson as chief financial officer effective immediately.
- Maxson previously served as group CFO at Schneider Electric, a $45 billion revenue company.
- Oracle is accelerating investments in data centers and infrastructure due to AI and cloud demand.
- Doug Kehring will step down as principal financial officer and refocus on go-to-market operations.

**Companies:** Oracle, Schneider Electric

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/tech/technology/oracle-appoints-hilary-maxson-as-cfo/articleshow/130060905.cms)

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