Oracle Appoints Schneider Electric Veteran as New CFO

Hilary Maxson joins to lead finance as company aims to scale cloud and AI infrastructure

Apr. 6, 2026 at 2:39pm

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Oracle Corporation has appointed Hilary Maxson as its new chief financial officer, effective April 6, 2026. Maxson, a veteran from Schneider Electric, will succeed Doug Kehring and guide Oracle's efforts to capitalize on growing demand for cloud and AI technologies, which have driven over 20% growth in recent quarters.

Why it matters

Maxson's appointment comes as Oracle navigates significant structural changes, including a recent wave of major layoffs impacting up to 30,000 employees. Her experience across industrial, infrastructure, and software sectors will be crucial as Oracle seeks to execute disciplined capital management and drive growth in its cloud and AI businesses.

The details

Hilary Maxson officially took on the CFO role on April 6, 2026, succeeding Doug Kehring, who had guided the company through the recent transition period. Under Maxson's leadership, Oracle aims to capitalize on the growing demand for cloud infrastructure and AI, which has already led to over 20% growth in organic total revenue and non-GAAP earnings per share in the most recent quarter.

  • Hilary Maxson became Oracle's new CFO on April 6, 2026.
  • Oracle is scheduled to report its next financial update on June 10, 2026.

The players

Hilary Maxson

A veteran executive who joins Oracle as the new chief financial officer, bringing experience from Schneider Electric and AES Corporation.

Doug Kehring

The outgoing CFO who guided Oracle through significant structural changes and will now focus on optimizing the company's go-to-market operations.

Clay Magouyrk

The CEO of Oracle, who praised Maxson's broad experience across industrial, infrastructure, and software sectors.

Mike Sicilia

The CEO of Oracle, who will partner with Maxson in her new CFO role.

Oracle Corporation

The technology company that has appointed Hilary Maxson as its new chief financial officer.

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What they’re saying

“Hilary brings broad experience across industrial, infrastructure, and software sectors—areas where disciplined execution and capital management are essential. I and CEO Mike Sicilia look forward to partnering with her in the CFO role.”

— Clay Magouyrk, CEO, Oracle

What’s next

Oracle is slated to provide its next financial update on June 10, 2026, where analysts expect the company to report earnings per share of $1.82 and revenue of $19.09 billion.

The takeaway

Hilary Maxson's appointment as Oracle's new CFO comes at a critical juncture as the company navigates significant structural changes, including major layoffs. Her experience in industrial, infrastructure, and software sectors will be crucial in guiding Oracle's efforts to capitalize on growing demand for cloud and AI technologies.