# Maxson had served as group CFO at Schneider Electric, a French industrial group with more than US$.

*business · news · 2026-04-06 · Bnn Bloomberg*

## Key points

- Hilary Maxson has been appointed Oracle's chief financial officer effective immediately.
- Oracle plans to spend $50 billion in fiscal 2026, more than double the previous year's capital expenditure.
- Maxson previously led Schneider Electric's transformation into a digital energy technology partner using software, data, and AI.
- Doug Kehring will shift focus to Oracle’s go-to-market operations following Maxson's appointment.

**Companies:** Oracle, Schneider Electric
**Countries:** United States, France

[Read the full story on Bnn Bloomberg](https://www.bnnbloomberg.ca/business/2026/04/06/oracle-names-schneider-electrics-maxson-as-cfo-amid-soaring-ai-spending/)

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