other material
confidence high
sentiment negative
materiality 0.15
Cerence shareholders elect directors, approve say-on-pay, but reject officer liability limitation amendment
Cerence Inc.
- All seven director nominees elected: Arun Sarin, Brian Krzanich, Marianne Budnik, Douglas Davis, Marcy Klevorn, Kristi Ann Matus, Alfred Nietzel.
- Non-binding advisory say-on-pay compensation proposal approved with ~19.9M for vs 0.6M against.
- Ratification of BDO USA as independent auditor for FY2025 approved with ~29.5M for vs 0.4M against.
- Amendment to limit officer liability failed with 19.4M for, 1.2M against, 9.5M broker non-votes.