{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-21-357483","form_type":"8-K","ticker":"CRNC","cik":"0001768267","company_name":"Cerence Inc.","filed_at":"2021-12-15T23:59:59+00:00","discovered_at":"2026-05-14T18:04:14.042336+00:00","generated_at":"2026-06-28T00:56:52.535983+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Cerence appoints Stefan Ortmanns as CEO, succeeding Sanjay Dhawan","bullets":["Stefan Ortmanns appointed CEO and director, effective immediately; Sanjay Dhawan resigned.","Ortmanns previously EVP Core Products, responsible for >80% of company revenue.","Base salary EUR 530,000; target LTI award $5M; sign-on bonus EUR 200,000.","Dhawan provides transition assistance; confidentiality and release agreement.","Company expects Q1 fiscal 2022 results within prior guidance range."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-21-357483","json":"https://secwatch.observer/filing/0001193125-21-357483.json","markdown":"https://secwatch.observer/filing/0001193125-21-357483.md","text":"https://secwatch.observer/filing/0001193125-21-357483.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1768267/000119312521357483/0001193125-21-357483-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1768267/000119312521357483/d195671d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T00:56:52.535983+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b9ea907a76","claim":"Sanjay Dhawan resigned as President and Chief Executive Officer and director at Cerence Inc..","evidence_excerpt":"Sanjay Dhawan, who resigned as President and Chief Executive Officer and director of the Company on December 14, 2021, effective December 15, 2021.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1768267/000119312521357483/0001193125-21-357483-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"President and Chief Executive Officer and director"}],"fact_type":"executive_change"},{"claim_id":"d13c88afbc","claim":"Stefan Ortmanns was appointed as President and Chief Executive Officer at Cerence Inc..","evidence_excerpt":"unanimously appointed Stefan Ortmanns as President and Chief Executive Officer","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1768267/000119312521357483/0001193125-21-357483-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"e6f2359475","claim":"Stefan Ortmanns was elected as Class III director at Cerence Inc..","evidence_excerpt":"the Board elected Dr. Ortmanns as a Class III director","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1768267/000119312521357483/0001193125-21-357483-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Class III director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}