---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-142939"
form_type: "8-K"
ticker: "ORCL"
cik: "0001341439"
company_name: "ORACLE CORP"
filed_at: "2026-04-06T23:59:59+00:00"
generated_at: "2026-05-15T07:15:57.575467+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Oracle appoints Hilary Maxson as CFO, effective April 6, 2026; Kehring steps down as principal financial officer

## Summary
- Hilary Maxson named CFO; previously EVP and Group CFO at Schneider Electric, with $45B revenue.
- Maxson receives $950K base salary, $2.5M target bonus, $26M equity grant (80% time-based, 20% performance), and up to $250K relocation.
- Outgoing CFO Doug Kehring transitions to EVP of Operations, stepping down as principal financial officer but remaining at Oracle.
- Maxson will serve as principal financial officer and lead global finance; reports to CEO Clay Magouyrk.

## SEC filing metadata
- accession: 0001193125-26-142939
- form_type: 8-K
- ticker: ORCL
- cik: 0001341439
- company_name: ORACLE CORP
- filed_at: 2026-04-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1341439/000119312526142939/0001193125-26-142939-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1341439/000119312526142939/d132760d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-142939
- JSON: https://secwatch.observer/filing/0001193125-26-142939.json
- Plain text: https://secwatch.observer/filing/0001193125-26-142939.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.