Overview
- Hilary Maxson was appointed Oracle’s CFO effective Monday, restoring a standalone finance chief for the first time since 2014.
- She reports to CEO Clay Magouyrk and will lead global finance with $950,000 in base pay, a $2.5 million target bonus, and about $26 million in equity awards.
- Doug Kehring steps out of the principal financial officer role after six months and returns to focus on go‑to‑market operations.
- Oracle is pursuing roughly $50 billion in fiscal-year capital spending to build AI data centers and has said it may raise up to $50 billion through debt and equity.
- The appointment comes days after reports of thousands of layoffs across multiple countries, drawing scrutiny from employees who received early‑morning termination emails.