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<title>Oracle hires new CFO on mammoth salary after ruthless worker bloodbath </title>
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<description>Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company. Maxson, 48, formerly of Schneider Electric, assumes the role effective immediately with an annual base salary of $950,000 and eligibility for a performance-based bonus targeting $2.5 million, according to a regulatory filing. The technology company made the appointment amid rising debt from its extensive AI infrastructure investments, CNBC reported. A Cornell graduate with an MBA, Maxson has a decorated career in financial services, including stints at The AES Corporation, Citibank and Bank of America. The appointment comes...</description>
<author>New York Post</author>
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<pubDate>Mon, 6 Apr 2026 19:05:40 GMT</pubDate>
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