Cerence ( (CRNC) ) has issued an update.
On March 17, 2025, Cerence Inc. announced the appointment of Marion Harris, a former Ford executive, to its Board of Directors, effective April 1, 2025. Harris, with over 25 years of experience in automotive and financial services, is expected to bring strategic insights to Cerence AI as it continues to innovate in the automotive and mobility markets. His appointment is seen as a move to strengthen the company’s leadership with his deep expertise in digital transformation and customer satisfaction.
More about Cerence
Cerence Inc. is a global leader in creating AI-powered experiences across the automotive and transportation industries. The company specializes in voice, generative AI, and large language models to enhance user experiences, making journeys safer and more connected. Cerence collaborates with leading automakers and technology companies, with over 500 million cars equipped with its technology. Headquartered in Burlington, Massachusetts, Cerence operates globally with a focus on AI innovation.
YTD Price Performance: 23.20%
Average Trading Volume: 7,309,283
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $425.1M
Learn more about CRNC stock on TipRanks’ Stock Analysis page.