{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-174406","form_type":"8-K","ticker":"CRNC","cik":"0001768267","company_name":"Cerence Inc.","filed_at":"2024-07-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.463672+00:00","generated_at":"2026-05-31T23:48:25.526611+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Cerence CTO Iqbal Arshad resigns; CPO Nils Schanz takes expanded role; Q3 guidance reaffirmed","bullets":["CTO Iqbal Arshad resigns effective July 5, 2024; CPO Nils Schanz assumes CTO responsibilities.","Schanz will lead global technology, engineering, and product development organization.","Company reaffirms Q3 FY2024 revenue guidance of $66M-$72M, GAAP net income ($4M)-$2M, adjusted EBITDA $4.5M-$10.5M.","Schanz previously led development of Mercedes-Benz MBUX system and joined Cerence in Oct 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-174406","json":"https://secwatch.observer/filing/0001193125-24-174406.json","markdown":"https://secwatch.observer/filing/0001193125-24-174406.md","text":"https://secwatch.observer/filing/0001193125-24-174406.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1768267/000119312524174406/0001193125-24-174406-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1768267/000119312524174406/d860175d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T23:48:25.526611+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":"594c12dbc5","claim":"Iqbal Arshad departed as Chief Technology Officer at Cerence Inc..","evidence_excerpt":"Iqbal Arshad notified the Company of his decision to resign as Chief Technology Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1768267/000119312524174406/0001193125-24-174406-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned as Chief Technology Officer"},{"label":"Role","value":"Chief Technology Officer"}],"fact_type":"executive_change"},{"claim_id":"7f9d52408e","claim":"Nils Schanz changed role as Chief Technology Officer at Cerence Inc..","evidence_excerpt":"Nils Schanz, Chief Product Officer of the Company, will assume the responsibilities of Chief Technology Officer following the departure of Mr. Arshad, effective July 5, 2024. In this expanded role, Mr. Schanz will lead the Company’s global technology, engineering, and product development organization.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1768267/000119312524174406/0001193125-24-174406-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"assumed additional responsibilities as Chief Technology Officer"},{"label":"Role","value":"Chief Technology Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}