Oracle's New CFO Hilary Maxson: Big Salary, AI Push
Mesa News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Oracle appoints new CFO, Hilary Maxson, amidst layoffs and AI investment surge. Maxson, a seasoned financial executive, joins from Schneider Electric, earning a base salary of $950,000 and potential performance bonus of $2.5 million. Oracle cuts thousands of jobs, spending $2.1 billion on severance, while doubling data center investment to $50 billion for AI expansion. Maxson aims to drive strategic investments for long-term customer and shareholder success.
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