Cerence Inc. provides AI-powered assistants and innovations for connected and autonomous vehicles It offers edge software components; cloud-connected components; toolkits; applications; and virtual assistant coexistence and professional services. The company also provides conversational artificial intelligence, including voice recognition, natural language understanding, and artificial intelligence services. Cerence Inc. is headquartered in Burlington, Massachusetts.
IPO Year:
Exchange: NASDAQ
Website: cerence.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/10/2024 | $25.00 → $6.50 | Overweight → Equal Weight | Wells Fargo |
| 5/7/2024 | Hold | Needham | |
| 2/7/2024 | $22.00 | Buy → Hold | Craig Hallum |
| 2/9/2023 | $24.00 → $40.00 | Hold → Buy | Craig Hallum |
| 8/10/2022 | $45.00 → $24.00 | Buy → Hold | Craig Hallum |
| 8/10/2022 | Outperform → Mkt Perform | Raymond James | |
| 7/7/2022 | $28.00 → $27.00 | Underperform → Sector Perform | RBC Capital Mkts |
| 2/22/2022 | $44.00 | Buy → Neutral | Goldman Sachs |
| 2/14/2022 | $55.00 | Outperform → In-Line | Evercore ISI Group |
| 2/9/2022 | $165.00 → $78.00 | Buy | Needham |
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Headlines Q4 Revenue exceeds high end of guidance; positive cash flow from operations of $6.1 millionTransformation plan on track to deliver net annualized cost savings of $35-$40 millionInitial FY25 revenue guidance of $236 to $247 millionRecord high of 22 platform launches in FY24, including 6 for generative AI solutions and 4 in Q4 BURLINGTON, Mass., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its fourth quarter and fiscal year 2024 results for the year ended September 30, 2024. Results Summary (1,2)(in millions, except per share data) Three Months Ended Twelve Months Ended September 30, September 30, 2024 2023 2024
BURLINGTON, Mass., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today introduced CaLLM™ Edge, its pioneering, automotive-grade, embedded small language model (SLM). This new SLM is available within the existing Cerence solutions portfolio and will power its next-generation AI assistant platform, enabling an intelligent, seamless user experience regardless of connectivity. Developed and optimized in partnership with Microsoft, CaLLM Edge is available directly to Cerence's automaker customers as well as in the Microsoft Azure AI model catalog. CaLLM (Cerence Automotive Large Language Model) Edge is fine-tuned on Microsoft's Phi-3 family of smal
BURLINGTON, Mass., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its fourth quarter financial results for the quarter ended September 30, 2024, on Thursday, November 21, 2024, at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available in the Investor section of the company's website, www.cerence.com. To learn more about Cerence, visit
BURLINGTON, Mass., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced its expanded partnership with Renault to bring generative AI-powered capabilities and human-like interaction to the automaker's next-generation, multi-modal in-car companion, Reno. Reno, the official Renault avatar, is an intelligent, helpful, and endearing in-car companion that brings customers a more intuitive and fun driving experience. Expanding on Renault and Cerence's multi-year partnership to bring Reno to life with humanized, voice-powered interaction, Renault will now leverage generative AI-powered Cerence Chat Pro to advance Reno's capabilities and bring Ren
BURLINGTON, Mass., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) (the "Company"), AI for a world in motion, today announced that, in connection with Brian Krzanich's recent appointment as Chief Executive Officer and President effective October 7, 2024, the Company granted Mr. Krzanich an initial equity award with a target aggregate value of $6 million, based on the average closing price of the Company's common stock over the trailing 20 trading days ending on the date of grant. Such award consists of 1,038,062 time-based restricted stock units and a target of 1,038,062 performance-based restricted stock units. The time-based restricted stock units will vest in three equal in
BURLINGTON, Mass., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced that Brian Krzanich has been appointed Chief Executive Officer and a member of the Board of Directors, effective immediately. Mr. Krzanich succeeds Stefan Ortmanns, who is departing as CEO and resigning as a member of the Board. Mr. Krzanich is a seasoned executive with a track record of success at global public organizations. Most recently from 2018 to 2022, Mr. Krzanich served as CEO of CDK Global Inc., the leading supplier of software to the retail automotive industry. After stabilizing CDK's business, he delivered ten consecutive quarters of growth and ultimatel
BURLINGTON, Mass., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced that Tuya Smart (NYSE:TUYA, HKEX: 2391))), a global cloud platform service provider, is partnering with Cerence to provide multi-lingual text-to-speech (TTS) for its cloud developer platform designed specifically for two-wheeled vehicles, including motorcycles, e-bikes, and more. Tuya's cloud developer platform provides its customers – in this case, the more than 100 two-wheeler manufacturers using the "Works with Smart Life" app – with a complete set of smart solutions, including apps, cloud capabilities, hardware, and more. Tuya will integrate Cerence TTS into its
BURLINGTON, Mass., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced Cerence Chat Pro, the company's automotive-grade large language model integration, is now live in a range of Škoda vehicles. The solution has been deployed via cloud update to provide Škoda drivers with an entertaining and intelligent companion for their everyday journeys. Škoda drivers and passengers can now enjoy fun and conversational chit-chat with their in-car assistant, which leverages Cerence's technology to provide accurate and relevant responses to nearly every query imaginable. The integration also reduces the complexity of navigating in-car interfaces ma
Headlines Q3 revenue in-line with guidance; positive cash flow from operations of $12.9 millionFive generative AI customer programs released to productionTransformation plans estimated to deliver net annualized cost savings of $35-40 million, predominantly realized in FY25 BURLINGTON, Mass., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its third quarter fiscal year 2024 results for the quarter ended June 30, 2024. Results Summary (1,2) (in millions, except per share data) Three Months Ended Nine Months Ended June 30, June 30, 2024 2023 2024 2023 GAAP revenue $70.5 $61.7 $276.7 $213.7 GAAP gross margin 71.5% 66.0% 75.7%
BURLINGTON, Mass., July 30, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its third quarter financial results for the quarter ended June 30, 2024 on Thursday, August 8, 2024 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available in the Investor section of the company's website, www.cerence.com. To learn more about Cerence, visit www.cerence
Evercore ISI Group analyst Chris McNally maintains Cerence (NASDAQ:CRNC) with a In-Line and lowers the price target from $8 to $5.
Baird analyst Luke Junk maintains Cerence (NASDAQ:CRNC) with a Neutral and lowers the price target from $8 to $6.
In the latest quarter, 7 analysts provided ratings for Cerence (NASDAQ:CRNC), showcasing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 7 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 1 0 0 3M Ago 0 0 5 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $7.93, a high estimate of $15.00, and a low estimate of $3.00. Experiencing a 55.6% decline, the current average is now lower than th
Goldman Sachs analyst Mark Delaney maintains Cerence (NASDAQ:CRNC) with a Neutral and lowers the price target from $6 to $3.
Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced that Volkswagen Group has deployed Cerence Chat Pro, the company's uniquely intelligent, automotive-grade ChatGPT integration, to models across Volkswagen's European lineup via cloud update, marking the first time the solution is available to drivers. Cerence and Volkswagen first announced their collaboration to launch these new, generative AI-powered enhancements to the IDA in-car assistant at CES 2024 earlier this year. Volkswagen is leveraging Cerence Chat Pro to enable its customers across Europe to engage the in-car voice assistant in fun and conversational chit-chat, leveraging a multitude of sources, including ChatG
Gainers Adobe (NASDAQ:ADBE) shares moved upwards by 14.1% to $523.5 during Thursday's after-market session. The company's market cap stands at $234.5 billion. As per the news, the Q2 earnings report came out today. Veritone (NASDAQ:VERI) stock rose 3.86% to $2.55. The company's market cap stands at $96.2 million. Freshworks (NASDAQ:FRSH) stock rose 3.57% to $12.76. The market value of their outstanding shares is at $3.8 billion. Sobr Safe (NASDAQ:SOBR) shares rose 2.9% to $0.23. The company's market cap stands at $4.5 million. CommScope Hldg Co (NASDAQ:COMM) stock increased by 2.85% to $1.44. The company's market cap stands at $305.6 million. Cerence (NASDAQ:CRNC) shares moved upwards
Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced that it has appointed Antonio ("Tony") Rodriquez as its interim Chief Financial Officer (CFO), effective June 4, 2024. Mr. Rodriquez brings over 25 years of experience as a financial leader managing all aspects of finance and accounting for both public and private global companies, including in the eCommerce, SaaS, advertising media and consumer marketing industries. As Cerence's interim CFO, Mr. Rodriquez will lead the company's finance organization, including accounting, tax, FP&A, treasury, facilities, and procurement.
Gainers Sobr Safe (NASDAQ:SOBR) shares rose 101.4% to $0.45 during Tuesday's regular session. The market value of their outstanding shares is at $9.0 million. AEye (NASDAQ:LIDR) shares moved upwards by 23.13% to $4.29. The market value of their outstanding shares is at $28.4 million. Neonode (NASDAQ:NEON) shares increased by 22.95% to $3.0. The company's market cap stands at $46.0 million. Oblong (NASDAQ:OBLG) shares moved upwards by 22.78% to $0.22. The market value of their outstanding shares is at $4.3 million. Cerence (NASDAQ:CRNC) shares rose 16.35% to $3.73. The market value of their outstanding shares is at $156.0 million. SilverSun Technologies (NASDAQ:SSNT) stock rose 15.69% t
Gainers Presto Automation (NASDAQ:PRST) stock rose 35.9% to $0.22 during Friday's regular session. The market value of their outstanding shares is at $23.0 million. SPI Energy (NASDAQ:SPI) shares moved upwards by 23.31% to $0.64. The market value of their outstanding shares is at $20.2 million. Wetouch Technology (NASDAQ:WETH) stock rose 18.9% to $2.24. The market value of their outstanding shares is at $26.6 million. AMTD Digital (NYSE:HKD) stock moved upwards by 16.97% to $4.45. The market value of their outstanding shares is at $849.8 million. Ouster (NYSE:OUST) stock increased by 15.86% to $13.51. The company's market cap stands at $610.9 million. SMX (Security Matters) (NASDAQ:SMX
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Headlines Q4 Revenue exceeds high end of guidance; positive cash flow from operations of $6.1 millionTransformation plan on track to deliver net annualized cost savings of $35-$40 millionInitial FY25 revenue guidance of $236 to $247 millionRecord high of 22 platform launches in FY24, including 6 for generative AI solutions and 4 in Q4 BURLINGTON, Mass., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its fourth quarter and fiscal year 2024 results for the year ended September 30, 2024. Results Summary (1,2)(in millions, except per share data) Three Months Ended Twelve Months Ended September 30, September 30, 2024 2023 2024
BURLINGTON, Mass., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its fourth quarter financial results for the quarter ended September 30, 2024, on Thursday, November 21, 2024, at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available in the Investor section of the company's website, www.cerence.com. To learn more about Cerence, visit
Headlines Q3 revenue in-line with guidance; positive cash flow from operations of $12.9 millionFive generative AI customer programs released to productionTransformation plans estimated to deliver net annualized cost savings of $35-40 million, predominantly realized in FY25 BURLINGTON, Mass., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its third quarter fiscal year 2024 results for the quarter ended June 30, 2024. Results Summary (1,2) (in millions, except per share data) Three Months Ended Nine Months Ended June 30, June 30, 2024 2023 2024 2023 GAAP revenue $70.5 $61.7 $276.7 $213.7 GAAP gross margin 71.5% 66.0% 75.7%
BURLINGTON, Mass., July 30, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its third quarter financial results for the quarter ended June 30, 2024 on Thursday, August 8, 2024 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available in the Investor section of the company's website, www.cerence.com. To learn more about Cerence, visit www.cerence
Headlines Q2 revenue above the high end of the guidance range due to OEM-related adjustments; however, Company lowering its FY24 guidance and withdrawing its multi-year planIncluded in Q2 results is a Goodwill impairment charge of approximately $252 millionCompany believes that initial success with new generative AI products, including six design wins, and early validation of its next-gen platform will provide a solid foundation to reinvigorate future growth BURLINGTON, Mass., May 09, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its second quarter fiscal year 2024 results for the quarter ended March 31, 2024. Results Summary (1,2) (in mi
BURLINGTON, Mass., April 25, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its second quarter financial results for the quarter ended March 31, 2024 on Thursday, May 9, 2024 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by dialing +1.888.596.4144 for U.S. and Canada or +1.646.968.2525 for international and then entering the conference ID 3095543#. Webcast access will be available in th
Headlines Revenue and profitability exceed the high end of guidance, leading to six quarters of strong executionAnnounced AI partnerships with NVIDIA and MicrosoftMaintained a leadership position, with Cerence penetration staying strong at 54% of global auto productionNew business included a win-back for a large Japanese OEM, a program extension for a major North America OEM, and a major win in AIoT for a wearable product BURLINGTON, Mass., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its first quarter fiscal year 2024 results for the quarter ended December 31, 2023. Results Summary (1,2) (in millions, except per share data) T
BURLINGTON, Mass., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its first quarter financial results for the quarter ended December 31, 2023 on Tuesday, February 6, 2024 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available in the Investor Information section of the company's website at www.cerence.com. The teleconference replay w
Headlines Revenue and profitability exceed the high end of the initially guided range for the full fiscal yearFive consecutive quarters of strong executionFourteen strategic design wins in the fiscal year including five competitive winbacksMaintain a leadership position with Cerence penetration staying strong at 54% of global auto productionFine-tuned LLM with Cerence vertical automotive dataset delivered to customers, advancing Destination Next software platform BURLINGTON, Mass., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its fourth quarter and fiscal year 2023 results for the year ended September 30, 2023. Result
BURLINGTON, Mass., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its fourth quarter financial results for the quarter ended September 30, 2023 on Monday, November 27, 2023 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available in the Investor Information section of the Company's website at www.cerence.com. The teleconference replay
Wells Fargo downgraded Cerence from Overweight to Equal Weight and set a new price target of $6.50 from $25.00 previously
Needham resumed coverage of Cerence with a rating of Hold
Craig Hallum downgraded Cerence from Buy to Hold and set a new price target of $22.00
Craig Hallum upgraded Cerence from Hold to Buy and set a new price target of $40.00 from $24.00 previously
Craig Hallum downgraded Cerence from Buy to Hold and set a new price target of $24.00 from $45.00 previously
Raymond James downgraded Cerence from Outperform to Mkt Perform
RBC Capital Mkts upgraded Cerence from Underperform to Sector Perform and set a new price target of $27.00 from $28.00 previously
Goldman Sachs downgraded Cerence from Buy to Neutral and set a new price target of $44.00
Evercore ISI Group downgraded Cerence from Outperform to In-Line and set a new price target of $55.00
Needham reiterated coverage of Cerence with a rating of Buy and set a new price target of $78.00 from $165.00 previously
BURLINGTON, Mass., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced that Brian Krzanich has been appointed Chief Executive Officer and a member of the Board of Directors, effective immediately. Mr. Krzanich succeeds Stefan Ortmanns, who is departing as CEO and resigning as a member of the Board. Mr. Krzanich is a seasoned executive with a track record of success at global public organizations. Most recently from 2018 to 2022, Mr. Krzanich served as CEO of CDK Global Inc., the leading supplier of software to the retail automotive industry. After stabilizing CDK's business, he delivered ten consecutive quarters of growth and ultimatel
BURLINGTON, Mass., June 12, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced that Jennifer Salinas, Senior Vice President & General Counsel, has been promoted to the newly created role of Executive Vice President & Chief Administrative Officer, effective June 7, 2024. A Media Snippet accompanying this announcement is available by clicking on this link. In her expanded role, Ms. Salinas will oversee the company's day-to-day administrative activities and corporate operations, including facilitating strategic planning, partnering with the leadership team to define and track company-level and functional objectives, and advancing policy and proc
NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S
BURLINGTON, Mass., June 04, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced that it has appointed Antonio ("Tony") Rodriquez as its interim Chief Financial Officer (CFO), effective June 4, 2024. Mr. Rodriquez brings over 25 years of experience as a financial leader managing all aspects of finance and accounting for both public and private global companies, including in the eCommerce, SaaS, advertising media and consumer marketing industries. As Cerence's interim CFO, Mr. Rodriquez will lead the company's finance organization, including accounting, tax, FP&A, treasury, facilities, and procurement. A Media Snippet accompanying this announce
BURLINGTON, Mass., March 04, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced that it has appointed Daniel Tempesta as its new Chief Financial Officer (CFO), effective March 18, 2024. Mr. Tempesta brings more than 30 years of financial and operational excellence, as well as extensive knowledge of Cerence from his previous role as CFO of Nuance Communications Inc. ("Nuance"). As Cerence's CFO, Mr. Tempesta will be focused on accelerating growth, improving operating results, and driving sustainable, long-term value. Mr. Tempesta joins Cerence after more than 15 years at Nuance, where he most recently served as EVP & CFO from July 2015 until Dece
BURLINGTON, Mass., May 02, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced that it has named Iqbal Arshad, an accomplished technology industry veteran, as its new Chief Technology Officer. In this role, Mr. Arshad will lead Cerence's global technology, engineering, and product development organization, responsible for providing executive leadership for the company's technology vision, building innovative user experiences for the company's global automaker and mobility OEM customers, and accelerating Cerence's product roadmap for new business opportunities. Mr. Arshad has shaped some of the most exciting technological developments of the
Appoints Current Board Member and Industry Veteran Tom Beaudoin as New EVP & CFOAdds Former Intel Executive and Automated Driving Leader Doug Davis to BoardProvides Preliminary Financial Results, Affirms Full Year Fiscal 2022 Guidance BURLINGTON, Mass., May 06, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced that Tom Beaudoin has been appointed Executive Vice President and Chief Financial Officer, effective immediately. Mr. Beaudoin is a Cerence director and an industry veteran with nearly 40 years of relevant financial and industry experience. "With his deep knowledge of the automotive industry, software markets, and Cerence, and as a publi
BUFFALO, N.Y., March 25, 2022 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, is celebrating a milestone in company growth, surpassing 2,000 teammates across its North American footprint. This includes acquisitions in the past year of MAX Digital, Drivably and Monk SAS, expanding the number of pioneering tools and technology available to ACV's customers, and adding high-end technical talent to the ACV team. As part of the company's growth, ACV also announces Leanne Fitzgerald as Chief Legal Officer, the newest member of ACV's senior leadership team. Responsible for managing all of ACV's legal,
BURLINGTON, Mass., March 21, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced that it has named Jennifer Salinas as its new Senior Vice President and General Counsel, effective April 4, 2022. She will be based in the Cerence Burlington, Massachusetts headquarters and will report to Stefan Ortmanns, Cerence CEO. Ms. Salinas, who most recently served as General Counsel of the Infrastructure Solutions Group and Global Head of Litigation at Lenovo, is an experienced and progressive public company legal leader with an ideal combination of top-tier law firm training and senior in-house roles. She brings a stellar track record of advising management
BURLINGTON, Mass., March 14, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced that it has named industry veteran Marc Montagner as its new Chief Financial Officer (CFO), effective April 4, 2022. He will be based in the Cerence Burlington, Massachusetts headquarters and will report to Stefan Ortmanns, Cerence CEO. Mr. Montagner, who most recently served as CFO at Endurance International, is a proven, global CFO with a superior track record of delivering results and creating value. He is a widely respected, high-impact executive who brings a compelling mix of financial and operational discipline, finely tuned communication skills, and transf