The move restores a dedicated CFO role at Oracle for the first time in over a decade, after Safra Catz assumed expanded leadership responsibilities as co-CEO and principal financial officer in 2014. Maxson’s appointment comes at a critical juncture, with Oracle significantly increasing borrowing to fund large-scale data center and AI infrastructure projects.
Maxson joins from Schneider Electric, where she served as group CFO. During her tenure, the company evolved from a traditional electrical equipment manufacturer into a digital energy and automation leader, leveraging software, data, and AI across its operations—experience Oracle is now tapping as it scales its own cloud ecosystem.
Her appointment takes immediate effect and comes as Oracle signals an aggressive spending trajectory. The company has projected capital expenditures of about $50 billion in fiscal 2026—more than double the previous year—as it expands cloud capacity. It has also outlined plans to raise between $45 billion and $50 billion to support these investments, underscoring the scale of its AI ambitions.
However, the strategy has raised concerns among investors. Oracle’s shares have dropped roughly 25% so far this year, reflecting unease over the company’s growing debt burden tied to its infrastructure buildout.
Maxson will report to co-CEO Clay Magouyrk and is expected to play a central role in balancing rapid expansion with financial discipline. In a statement, she emphasized a focus on “disciplined investment” aimed at delivering long-term value for both customers and shareholders.
Before joining Schneider Electric in 2017, Maxson spent more than a decade at AES Corp, where she held senior roles spanning finance, strategy, and mergers and acquisitions.
As part of the leadership reshuffle, Doug Kehring—who had overseen finance operations—will transition to focus on Oracle’s go-to-market strategy.
According to regulatory filings, Maxson, 48, will earn a base salary of $950,000 and be eligible for performance-based bonuses targeting $2.5 million annually.