Cerence AI appoints Tony Rodriquez as permanent CFO with $475K salary and equity awards

Cerence Inc.

Tony Rodriquez named EVP, CFO effective Nov 29, 2024; had served as interim CFO since June 2024.
Annual base salary $475K; target bonus 75% of salary; initial equity of 626,566 RSUs (half time-based, half performance-based).
Board adopted Amendment No.2 to 2024 Inducement Plan, increasing authorized shares from 3M to 4.5M for inducement grants.
Rodriquez entered into a change of control and severance agreement with severance multiples and equity acceleration triggers.

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