New CFO of Oracle received $26M in stock following layoffs, employee claims ‘algorithm’ prioritized workers with stock options first.
Recently, Oracle made headlines after it let go of around 30,000 employees via a rather abrupt email at 6 a.m. Following that, they announced a significant move by hiring Hilary Maxson as the new chief financial officer, who comes with a hefty $26 million stock package. In the wake of these layoffs, some former employees […]
Oracle appoints new CFO amid reports of thousands of layoffs at the tech company
Oracle Appoints New CFO Amid Job Cuts On Monday, Oracle revealed that it has appointed a new chief financial officer, following recent job cuts within the company. Hilary Maxson will step into the CFO role, having previously held the same position at Schneider Electric, a French conglomerate. Oracle announced that Maxson’s appointment is effective immediately. […]
After job cuts, Oracle appoints new CFO with a salary of $950K.
Oracle has appointed Hilary Maxson as its new chief financial officer during a turbulent time for the company, marked by significant layoffs. Maxson, who is 48 and previously worked at Schneider Electric, steps into the role with an annual base salary of $950,000 and potential performance bonuses that could reach $2.5 million, as noted in […]
CFO of $ABCL Acquires 42,600 Shares
$ABCL’s Chief Financial Officer, Andrew Booth, recently acquired 42,600 shares of the company’s stock on February 27, 2026, for about $145,692. This data, reported by Quiver Quantitative, comes from the latest SEC filings. With this purchase, his holdings in this category of shares have increased by roughly 27.8%, bringing the total to 195,600 shares of […]
Toyota’s CEO Koji Sato will resign and will be succeeded by CFO Kon.
Toyota Motor Corporation Announces CEO Transition Koji Sato, the CEO of Toyota Motor Corporation, is stepping down after three years. Kenta Kon, the current Chief Financial Officer, will take over his role. In this reshuffling, Sato will transition to a position as vice chairman and industry chief executive. This move comes as the company faces […]
Citi’s CFO Mark Mason will depart from the bank next year
Citigroup Announces CFO Transition Citigroup revealed on Thursday that Chief Financial Officer Mark Mason will resign in early March, as he prepares to leave the bank next year. In his place, Jane Fraser’s company has appointed Gonzalo Lucchetti, who currently oversees the bank’s U.S. consumer banking division, as the new CFO. Mr. Mason, who took […]
Disney’s CFO Hugh Johnston cautions about having ESPN for football this weekend
Disney and YouTube TV Negotiations Stall It seems a resolution between Disney and YouTube TV might not be imminent after all. During a recent appearance on CNBC, Disney’s CFO, Hugh Johnston, discussed the ongoing negotiations following the company’s earnings report. He hinted that the impasse could extend longer than sports fans had hoped, potentially leading […]
Eased Regulations Provide Advantage to US Banks, Says Deutsche Bank CFO
Deutsche Bank’s Concerns Over U.S. Deregulation Deutsche Bank has raised alarms about potential rollbacks of U.S. financial regulations, suggesting that such changes could give German banks an edge over international rivals. James von Moltke, the bank’s CFO, expressed during an investor meeting hosted by Bank of America that adjustments to the leverage ratio rules might […]
OpenAI brings on former xAI CFO Mike Liberatore as the Altman-Musk competition intensifies
OpenAI Hires Mike Liberatore Amid Rivalry with Elon Musk OpenAI has appointed Mike Liberatore as its new business finance officer, intensifying the ongoing rivalry between Sam Altman and Elon Musk. Liberatore, who recently exited XAI after a brief three-month tenure, will officially start on Tuesday. He will be responsible for overseeing the company’s substantial infrastructure […]
xAI Experiences CFO Departure After Only a Few Months in Role
Elon Musk’s Xai Faces Executive Turnover Mike Liberatore, the Chief Financial Officer of Elon Musk’s artificial intelligence company, Xai, has departed after just a few months in his role. This follows a report from the Wall Street Journal, which noted that Liberatore took the CFO position in April and left it in July. His exit […]