Cerence appoints Daniel Tempesta as CFO, effective March 18, 2024

Cerence Inc.

Tempesta, former Nuance CFO, will receive $500k base salary, 75% target bonus, and $6M in equity awards ($3M initial + $3M sign-on RSUs).
Outgoing CFO Thomas Beaudoin resigns as officer but remains on Cerence's Board of Directors; will support transition through April 30, 2024.
Board approved 2024 Inducement Plan reserving 600,000 shares for equity grants to new hires.

item 5.02 item 7.01 item 9.01

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Appointed

Daniel Tempesta

Chief Financial Officer

CRNC · Cerence Inc.

Effective: 2024-03-18
Filed: March 4, 2024, 6:59 PM ET

On February 28, 2024, the Board of Directors (the “Board”) of Cerence Inc. (the “Company”) appointed Daniel Tempesta as Chief Financial Officer (and, in such capacity, the “principal financial officer” and “principal accounting officer” of the Company), effective March 18, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel Tempesta was appointed as Chief Financial Officer at Cerence Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On February 28, 2024, the Board of Directors (the “Board”) of Cerence Inc. (the “Company”) appointed Daniel Tempesta as Chief Financial Officer (and, in such capacity, the “principal financial officer” and “principal accounting officer” of the Company), effective March 18, 2024.

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Source: SEC EDGAR

accession 0001193125-24-056964

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