UPDATE: Wells Fargo Upgrades Cerence Inc. (CRNC) to Overweight

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Cerence Board of Directors Promotes Dr. Stefan Ortmanns to Chief Executive Officer and Director

December 15, 2021 7:30 AM EST

BURLINGTON, Mass., Dec. 15, 2021 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that its Board of Directors has appointed Dr. Stefan Ortmanns, most recently Cerences executive vice president and leader of its Core Products business, as president and chief executive officer. Ortmanns, an accomplished voice and automotive technology executive, succeeds Sanjay Dhawan, who has resigned from the company, effective immediately. Ortmanns... More