Cerence Inc. Appoints New Director to Board

TL;DR

Cerence added a new board member, David R. Johnson, effective March 17, 2025.

AI Summary

Cerence Inc. announced on March 17, 2025, a change in its board of directors. Specifically, David R. Johnson has been appointed as a new director, effective March 17, 2025. This appointment is part of the company's ongoing efforts to strengthen its governance and strategic direction.

Why It Matters

The addition of a new director can signal strategic shifts or a focus on specific areas of expertise, potentially impacting the company's future performance and shareholder value.

Risk Assessment

Risk Level: low — The appointment of a new director is a routine corporate governance event with typically low immediate impact.

Key Players & Entities

• Cerence Inc. (company) — Registrant
• David R. Johnson (person) — Newly appointed director
• March 17, 2025 (date) — Effective date of appointment

FAQ

From the Filing

0000950170-25-042711.txt : 20250320 0000950170-25-042711.hdr.sgml : 20250320 20250320163009 ACCESSION NUMBER: 0000950170-25-042711 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250317 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250320 DATE AS OF CHANGE: 20250320 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Cerence Inc. CENTRAL INDEX KEY: 0001768267 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 834719946 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39030 FILM NUMBER: 25756889 BUSINESS ADDRESS: STREET 1: 25 MALL ROAD, SUITE 416 CITY: BURLINGTON STATE: MA ZIP: 01803 BUSINESS PHONE: 617-580-0843 MAIL ADDRESS: STREET 1: 25 MALL ROAD, SUITE 416 CITY: BURLINGTON STATE: MA ZIP: 01803 FORMER COMPANY: FORMER CONFORMED NAME: Cerence LLC DATE OF NAME CHANGE: 20190513 FORMER COMPANY: FORMER CONFORMED NAME: Diamond SpinCo, LLC DATE OF NAME CHANGE: 20190215 8-K 1 crnc-20250317.htm 8-K 8-K 0001768267 false 0001768267 2025-03-17 2025-03-17     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 17, 2025   CERENCE INC. (Exact name of Registrant as Specified in Its Charter)   Delaware   001-39030   83-4177087 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)           25 Mall Road , Suite 416 Burlington , Massachusetts     01803 (Address of Principal Executive Offices)     (Zip Code) Registrant’s Telephone Number, Including Area Code: (857) 362-7300 Not Applicable (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common stock, $0.01 par value   CRNC   The NASDAQ Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 17, 2025, the Board of Directors (the “Board”) of Cerence Inc. (the “Company”) expanded the size of the Board from seven to eight directors, and appointed Marion Harris as a memb