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Oracle Names Former Schneider Electric CFO Hilary Maxson as Finance Chief

Deepa Sharma by Deepa Sharma
April 6, 2026
Hilary Maxson

Hilary Maxson

Oracle has appointed Hilary Maxson as its new chief financial officer, effective April 6, 2026. Hilary Maxson will report to Oracle CEO Clay Magouyrk and lead the company’s global finance organization. She joins Oracle from Schneider Electric, where she served as executive vice president and group CFO.

Oracle is under pressure to support rapid AI-related growth while managing a heavier balance sheet. Reuters reported that Oracle has taken on significant debt to fund large-scale AI infrastructure spending, a sign of how aggressively the company is building capacity around cloud computing and enterprise AI demand. Hilary Maxson’s background in industrial infrastructure and energy management is expected to fit that investment-heavy environment.

“We are pleased that we found a financial leader that matches our culture of strong financial and operational discipline and has experience scaling capital intensive global organizations,” said Clay Magouyrk, CEO of Oracle. “Hilary’s experience spans industrial, infrastructure, and software businesses, sectors where capital intensity and execution excellence are critical to success. Alongside Mike Sicilia, CEO, we are looking forward to working together with our new CFO. I’d like to also thank Doug Kehring for running the finance organization the past six months as we prepared for this transition to Hilary. Doug will be returning his focus to helping optimize and accelerate our go-to-market operations.”

Hilary Maxson’s move into Oracle’s top finance role is also notable because of the company’s current investment cycle. Oracle has been pouring money into AI infrastructure as it works to meet demand for cloud databases and compute capacity. That strategy has helped keep Oracle in the middle of the enterprise AI market, but it has also increased the importance of capital discipline, funding decisions, and balance-sheet management.

[Related Post: Oracle opens AI Customer Excellence Centre in Sydney to support AI adoption across Australia and Oceania]

“Oracle has built extraordinary momentum at the intersection of cloud, AI, and industry applications. I’m excited to join at this pivotal moment, and I look forward to partnering with Clay, Mike, and the broader leadership team to continue to invest with discipline and to translate this momentum into durable, long‑term value for customers and shareholders,” said Hilary Maxson, CFO, Oracle.

Oracle’s regulatory filing reported that Hilary Maxson is 48 and will receive an annual base salary of $950,000, along with a performance-based bonus target of $2.5 million. The market reaction was modest but positive, with Oracle shares rising in premarket trading after the announcement, even though the stock has been under pressure this year.

Hilary Maxson joins Oracle with a finance background shaped by large, complex global operations. Schneider Electric, where she previously served as group CFO, is a multinational energy management and automation company with more than $45 billion in annual revenue, according to Reuters and Oracle’s release. That profile suggests Oracle is looking for a CFO who has managed scale, capital allocation, and operating complexity in a business with global supply chains and large investment needs.

Deepa Sharma

Deepa Sharma

Deepa Sharma is CXOVoice’s Managing Editor, overseeing coverage of technology, cybersecurity, banking, and financial services. She can be reached at [email protected].

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