Schneider Electric has surpassed €40 billion ($47bn) in yearly revenue for the first time following a record fourth quarter, as it announces the departure of its CFO.

The company reported Q4 revenue of €11bn ($13bn), with demand in the pure data center segment hitting triple-digit growth Year-over-Year.

Schneider said that its hyperscale and colocation customers greatly accelerated investments in Q4, with the strongest demand in North America.

Olivier Blum, Schneider CEO, said: “2025 was a milestone year. We delivered record revenues, expanded adjusted EBITA margin despite volatility, and generated our highest free cash flow, with strong execution, particularly in H2. End‑market demand accelerated sharply in Q4, led by data centers as well as industry and infrastructure, confirming our strong strategic positioning, balanced exposure, and portfolio strength.”

As part of its earnings report, Schneider also announced the departure of Hilary Maxson as CFO.

Maxson will leave the company on April 5, 2026, and will be replaced by Nathan Fast, who currently serves as head of investor relations.

“During her time with Schneider Electric, Hilary has made significant contributions to our company and helped to build our Energy Tech mission. On behalf of Schneider Electric, I thank Hilary for her commitment and leadership. She has been a valued member of our executive committee, and I thank her for organizing a smooth transition,” said CEO Blum.

“I am very excited to welcome Nathan as the new CFO of Schneider Electric. He brings broad and diversified finance leadership expertise, built both inside our organization with roles such as SVP finance global supply chain and SVP group controlling & reporting, and externally at EY and Deloitte. With experience living and working in the US, Canada, and France, he brings a truly global perspective. I look forward to working with him to advance Energy Tech and deliver strong returns for our shareholders.”