Cerence Appoints Daniel Tempesta To Succeed Tom Beaudoin As CFO

RTTNews | Pred 499 dňami
Cerence Appoints Daniel Tempesta To Succeed Tom Beaudoin As CFO

(RTTNews) - Cerence Inc. (CRNC) announced Monday that it has appointed Daniel Tempesta as its new Chief Financial Officer (CFO), effective March 18, 2024. Tempesta replaces Tom Beaudoin, who has served on Cerence's Board of Directors since October 2019 and as Cerence's CFO since May 2022.

Beaudoin will remain an employee through April 30, 2024 to ensure a smooth transition of responsibilities to the new CFO. Beaudoin will retain his seat on Cerence's Board of Directors.

Tempesta brings more than 30 years of financial and operational excellence, as well as extensive knowledge of Cerence from his previous role as CFO of Nuance Communications Inc.

Tempesta joins Cerence after more than 15 years at Nuance, where he most recently served as EVP & CFO from July 2015 until December 2023.

During his tenure at Nuance, Tempesta held numerous senior finance roles, including chief accounting officer and senior vice president of finance. Prior to Nuance, he was the corporate controller and chief accounting officer at Teradyne, and previously held a number of roles at PwC.

read more
Swiss Market Ends Slightly Up

Swiss Market Ends Slightly Up

After a choppy ride till around noon, Swiss stocks gained in strength on Wednesday, but following some brisk selling in the closing minutes, ended the day's session with just a small gain.
RTTNews | Pred 46 minútami
European Stocks Close Weak On Tariff Concerns, Some Weak Earnings Updates

European Stocks Close Weak On Tariff Concerns, Some Weak Earnings Updates

European stocks closed weak on Wednesday as concerns about tariffs, and reports that U.S. President Donald Trump will sack Fed Chair Jerome Powell sometime soon, hurt sentiment. Investors also digested a slew of corporate earnings updates that fell short of expectations.
RTTNews | Pred 1 h 2 min
U.S. Industrial Production Climbs 0.3% In June, More Than Expected

U.S. Industrial Production Climbs 0.3% In June, More Than Expected

Partly reflecting a surge by utilities output, the Federal Reserve released a report on Wednesday showing industrial production in the U.S. increased by more than expected in the month of June. The Fed said industrial production climbed by 0.3 percent in June, while revised data showed industrial production was unchanged in May.
RTTNews | Pred 3 h 45 min
Bay Street May Open With Positive Bias

Bay Street May Open With Positive Bias

Canadian shares may open with a slightly positive bias on Wednesday, although weak crude oil prices might limit the market's upside. Investors will focus on trade talks and earnings announcements from big name U.S. companies for directional clues.
RTTNews | Pred 5 h 9 min
Indonesia Central Bank Resumes Monetary Easing

Indonesia Central Bank Resumes Monetary Easing

Indonesia's central bank reduced its benchmark interest rate for the third time this year on Wednesday, to support economic growth amid slowing inflation and continued stability in the rupiah exchange rate. The Bank Indonesia board, led by Governor Perry Warjiyo, decided to reduce the BI rate by 25 basis points to 5.25 percent.
RTTNews | Pred 5 h 30 min