# Hilary Maxson, 48, will receive an annual base salary of $950,000 and will be eligible for a ​performance-based bonus ‌with.

*business · news · 2026-04-06 · CNBC*

## Key points

- Oracle appointed Hilary Maxson as chief financial officer effective immediately.
- Maxson was previously group CFO at Schneider Electric, a $45 billion revenue company.
- Oracle is taking on heavy debt to fund AI infrastructure expansion.
- Doug Kehring will step down as Principal Financial Officer and refocus on go-to-market operations.

**Companies:** Oracle, Schneider Electric

[Read the full story on CNBC](https://www.cnbc.com/2026/04/06/oracle-names-schneider-electrics-maxson-as-cfo-amid-soaring-ai-spending.html)

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