secwatch.observer — SEC 8-K summary
======================================

Issuer:     Cerence Inc. (CRNC)
CIK:        0001768267
Form:       8-K
Filed at:   2025-03-20T23:59:59+00:00
Accession:  0000950170-25-042711
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cerence appoints former Ford Motor Credit CEO Marion Harris to board
--------------------------------------------------------------------

- Marion Harris appointed to Cerence board effective April 1, 2025; board expands from 7 to 8 directors.
- Harris, a 25-year Ford veteran, most recently served as Chairman & CEO of Ford Motor Credit.
- He will serve on the Audit Committee and receive an initial equity grant of ~$135,000 plus $100,000 annual cash retainer.
- No other arrangements or material interests in any transaction were disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1768267/000095017025042711/0000950170-25-042711-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1768267/000095017025042711/crnc-20250317.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-042711

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer