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Oracle hires new CFO

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Oracle announced the hiring of Hilary Maxson as ​chief financial officer.

Maxson is joining Oracle from French industrial conglomerate Schneider Electric. There, she served as group CFO.

Maxson's annual base salary will be $950,000, and she'll be eligible for a performance-based bonus with a target of $2.5 million.

Read more from Reuters.

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