fintech / news / / The Financial Express
Hilary Maxson, 48, will earn a base salary of $950,000 a year.
Hilary Maxson, former Schneider Electric CFO, has been appointed Oracle's new Chief Financial Officer.
KEY POINTS
- Maxson's compensation includes a $950,000 base salary and a $2.5 million target bonus.
- Doug Kehring will step down as Oracle’s Principal Financial Officer following Maxson's appointment.
- Oracle's restructuring costs for fiscal 2026 are projected to reach $2.1 billion, mainly for severance.
- Oracle plans up to $50 billion in capital spending this fiscal year, more than double last year's amount.
COMPANIES
Summarized by Newsio from The Financial Express. How we summarize →