Who is Oracle's new CFO and what is her background?

Hilary Maxson, age 48, was Executive Vice President and Group CFO of Schneider Electric from 2020 until April 2026, and sat on its Executive Committee. She previously held CFO roles at Schneider's Energy Management and Building and IT divisions and spent 12 years at AES Corporation in finance, strategy, and M&A. She also serves on the board of Anglo American plc and holds a Cornell University bachelor's degree and MBA.

How is Oracle's new CFO being compensated?

Maxson receives a $950,000 annual base salary and a performance-based bonus target of $2.5 million, prorated through May 31, 2026. She also receives an intended equity grant of $26 million, 80% time-based and 20% performance-based, with a choice between 100% stock options or a 50/50 split of options and RSUs. Up to $250,000 in relocation costs is covered for 12 months.

Why is Doug Kehring leaving the CFO role?

Kehring is stepping down as Principal Financial Officer and Section 16 officer, effective April 6, 2026, to make way for Maxson. He remains with Oracle as Executive Vice President, Operations, focusing on strategic initiatives. CEO Clay Magouyrk said Kehring will return his focus to optimizing and accelerating go-to-market operations.

Does the appointment change Oracle's financial outlook?

The filing does not contain new financial results or guidance. It reports the leadership change and cites Oracle's most recent quarter, with over 20% growth in organic total revenue and non-GAAP EPS, as context. Investors should look to Oracle's SEC filings and earnings communications for financial outlook.

Is there anything unusual about the appointment that investors should note?

The filing states there are no arrangements or understandings with other persons tied to her appointment, and no reportable related-party transactions or family relationships with Oracle directors or executive officers. Her employment is at will, and she is expected to sign Oracle's standard indemnification agreement shortly after starting.

ORCL/ORCL-PD 8-K: Leadership Changes & Regulation FD

01—Abstract

Summary

Summary of the 8-K filed April 6, 2026. Cited figures are marked; the original filing is the authoritative source.

On April 6, 2026, Oracle announced the appointment of Hilary Maxson as Chief Financial Officer, effective the same day.

Maxson most recently served as Executive Vice President and Group CFO of Schneider Electric (2020 to April 2026), a role that put her on that company's Executive Committee and gave her oversight of global finance, capital allocation, and long-term value strategy. Her earlier experience includes several CFO and finance roles at Schneider and 12 years at AES Corporation. The change is a leadership transition rather than a financial disclosure: the filing contains no new revenue, earnings, or guidance figures.

The compensation package signals the board's expectations. Maxson receives a $950,000^a base salary and a performance-based bonus target of $2.5 million, prorated through fiscal year-end on May 31, 2026. She is also eligible for up to $250,000 in relocation assistance over 12 months.

Her intended equity grant is $26 million^b, with 80% time-based (vesting 40/30/20/10 over four years) and 20% performance-based (tied to revenue metrics through May 31, 2028, the same type applied to Oracle's CEOs and Executive Chair/CTO). She may elect either 100% stock options or a 50/50 mix of options and RSUs. The press release frames the appointment against strong recent results, citing the strongest quarter in over 15 years, with more than 20% growth in both organic total revenue and non-GAAP EPS, and demand for cloud infrastructure that exceeds supply.

Management emphasized capital discipline in funding that build-out, which matters to investors given the scale of AI-related capital spending. Douglas Kehring steps down as Principal Financial Officer and Section 16 officer but remains Executive Vice President, Operations, focused on strategic initiatives. The CEO thanked him for leading finance through the six-month search period.

02—Key points

Key Highlights

Hilary Maxson, formerly EVP and Group CFO of Schneider Electric, becomes Oracle's CFO effective April 6, 2026, reporting to CEO Clay Magouyrk.
Base salary of $950,000 and a $2.5 million performance bonus target, prorated to the May 31, 2026 fiscal year-end.
Intended equity grant of $26 million: $20.8 million time-based (four-year vesting) and $5.2 million performance-based (tied to revenue metrics through May 31, 2028).
Up to $250,000 in relocation assistance for 12 months from the start date.
Douglas Kehring steps down as Principal Financial Officer and Section 16 officer but remains Executive Vice President, Operations.
No related-party transactions, family relationships, or undisclosed arrangements tied to the appointment were reported.
Management cites over 20% growth in organic total revenue and non-GAAP EPS in the most recent quarter, and says cloud demand currently exceeds supply.

03—Questions

Frequently Asked Questions

Who is Oracle's new CFO and what is her background?
Hilary Maxson, age 48, was Executive Vice President and Group CFO of Schneider Electric from 2020 until April 2026, and sat on its Executive Committee. She previously held CFO roles at Schneider's Energy Management and Building and IT divisions and spent 12 years at AES Corporation in finance, strategy, and M&A. She also serves on the board of Anglo American plc and holds a Cornell University bachelor's degree and MBA.
How is Oracle's new CFO being compensated?
Maxson receives a $950,000 annual base salary and a performance-based bonus target of $2.5 million, prorated through May 31, 2026. She also receives an intended equity grant of $26 million, 80% time-based and 20% performance-based, with a choice between 100% stock options or a 50/50 split of options and RSUs. Up to $250,000 in relocation costs is covered for 12 months.
Why is Doug Kehring leaving the CFO role?
Kehring is stepping down as Principal Financial Officer and Section 16 officer, effective April 6, 2026, to make way for Maxson. He remains with Oracle as Executive Vice President, Operations, focusing on strategic initiatives. CEO Clay Magouyrk said Kehring will return his focus to optimizing and accelerating go-to-market operations.
Does the appointment change Oracle's financial outlook?
The filing does not contain new financial results or guidance. It reports the leadership change and cites Oracle's most recent quarter, with over 20% growth in organic total revenue and non-GAAP EPS, as context. Investors should look to Oracle's SEC filings and earnings communications for financial outlook.
Is there anything unusual about the appointment that investors should note?
The filing states there are no arrangements or understandings with other persons tied to her appointment, and no reportable related-party transactions or family relationships with Oracle directors or executive officers. Her employment is at will, and she is expected to sign Oracle's standard indemnification agreement shortly after starting.

04—Continue

← View all 8-K filings