By Rudro Chakrabarti
Publication Date: 2026-04-11 18:45:00
Days after Oracle laid off up to 30,000 employees via email at 6 a.m. – like Moneywise before it reported – The company announced its next big move: hiring a new chief financial officer with a stock package worth $26 million.
Meanwhile, some laid-off workers have raised questions on LinkedIn and workplace forums about how Oracle decided who to cut – with one 30-year veteran suggesting the company may have targeted employees with outstanding stock options.
On April 6, Oracle filed a Form 8-K with the SEC naming Hilary Maxson as its new chief financial officer, effective immediately (1). Maxson, 48, was previously executive vice president and group CFO at Schneider Electric, a global energy management company with annual revenue of more than $45 billion (2). Prior to Schneider, she spent 12 years at AES Corporation in senior positions in finance, strategy and M&A (3).
Her Oracle compensation package includes an annual base salary of $950,000, according to the SEC filing…
