Hilary Maxson has been appointed as the new Chief Financial Officer of Oracle, stepping into the role on April 6, 2026.

She will report directly to CEO Safra Catz and oversee the company’s global finance operations at a crucial time of expansion in cloud and AI services.

Maxson brings extensive experience in corporate finance and leadership, having held senior financial roles in major organisations before joining Oracle.

Her appointment is part of a planned leadership transition as the company sharpens its focus on high-growth sectors like artificial intelligence and cloud infrastructure.

According to Oracle’s official filing, Maxson will receive an annual base salary of $950,000, along with a performance-based bonus targeted at $2.5 million.

This takes her total annual cash compensation to a potential $3.45 million, excluding stock incentives.

A significant portion of her compensation comes from equity grants worth $26 million.

Of this, $20.8 million will vest over four years as time-based equity, while $5.2 million is tied to performance-based targets linked to long-term company goals.

The package may include a mix of stock options and restricted stock units. She will also receive relocation support of up to $250,000 over 12 months.

Like many US corporate roles, her employment is on an “at-will” basis, allowing either side to terminate the agreement at any time.

However, Maxson’s appointment comes at a sensitive time for Oracle. The company has reportedly laid off around 30,000 employees globally in recent months, including nearly 12,000 in India, as part of a broader restructuring strategy.

These layoffs were aimed at cutting costs and realigning operations towards cloud computing and AI-driven growth.

The contrast between large-scale job cuts and high executive compensation has drawn attention, reflecting a wider trend across the global tech industry.

Oracle’s move highlights how companies are simultaneously tightening operational costs while investing heavily in leadership and future-focused business areas.