Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today
announced that it has named Jennifer Salinas as its new Senior Vice
President and General Counsel, effective April 4, 2022. She will be
based in the Cerence Burlington, Massachusetts headquarters and
will report to Stefan Ortmanns, Cerence CEO.
Ms. Salinas, who most recently served as General Counsel of the
Infrastructure Solutions Group and Global Head of Litigation at
Lenovo, is an experienced and progressive public company legal
leader with an ideal combination of top-tier law firm training and
senior in-house roles. She brings a stellar track record of
advising management and Boards on a diverse range of matters,
including commercial and strategic transactions, M&A,
litigation, IP, labor and employment, corporate governance, and
regulatory and compliance.
“Jennifer is an incredibly talented attorney and a charismatic,
dynamic leader who joins Cerence with great experience and
achievements, both professionally and personally,” said Stefan
Ortmanns, CEO, Cerence. “She is an excellent, key addition to my
leadership team as we work hard to scale the business, drive a
high-performance culture and achieve greater results for the
company and our stakeholders.”
“I am excited and honored at this terrific opportunity and look
forward to partnering with Stefan, his leadership team, and the
Board during this exciting phase at Cerence,” said Jennifer
Salinas. “As a lawyer by training, but as a strategist at heart, I
am eager to immerse myself in the company and its products,
understand the markets, and ultimately help refine our strategy to
grow and to win.”
About Jennifer SalinasJennifer Salinas comes to
Cerence after a successful tenure as Head of Litigation for Lenovo,
a $60 billion public company and the largest PC company worldwide,
and General Counsel of the Infrastructure Solutions Group, a $7
billion revenue business unit within the company. At Lenovo, she
was responsible for joint ventures, M&A opportunities and due
diligence, strategic partnerships, brand protection, contract
negotiations, compliance, insurance recoveries, and securities law
disclosure documents. Ms. Salinas also has extensive experience in
intellectual property portfolio management, litigation and
intellectual property licensing agreements.
In addition to her in-house public company experience at Lenovo,
Ms. Salinas brings 20 years of experience, ten years as a Partner,
at several prominent law firms. In these roles, she became
intimately familiar with public company matters where she regularly
advised leadership and Boards of mid-cap clients and regularly
presented on material matters such as pre-IPO diligence, SEC
disclosures and securities litigation.
Apart from her professional experience, Ms. Salinas is a highly
respected and decorated advocate and influencer in both the
industry and in her communities. She is the former National
President of the Hispanic National Bar Association, an organization
with several thousand members, where she led a 70+ member Board.
She is also a Board Member for Legal Aid for North Carolina and has
received numerous awards and recognitions throughout her
career.
Ms. Salinas earned her Juris Doctor degree in Law from Loyola
University Los Angeles and a Bachelor of Arts degree in Political
Science from San Diego State University. Ms. Salinas is bicultural
and bilingual, and has global experience across APAC, EMEA and
LATAM, including China, Germany, the UK, India, Brazil, Mexico,
Dubai, Macau and other important geographies.
About Cerence Inc.Cerence (NASDAQ: CRNC) is the
global industry leader in creating unique, moving experiences for
the mobility world. As an innovation partner to the world’s leading
automakers and mobility OEMs, it is helping advance the future of
connected mobility through intuitive, powerful interaction between
humans and their cars, two-wheelers, and even elevators, connecting
consumers’ digital lives to their daily journeys no matter where
they are. Cerence’s track record is built on more than 20 years of
knowledge and more than 400 million cars shipped with Cerence
technology. Whether it’s connected cars, autonomous driving,
e-vehicles, or buildings, Cerence is mapping the road ahead.
To learn more about Cerence, visit www.cerence.com, and follow
the company on LinkedIn and Twitter.
Forward Looking StatementsStatements in this
press release that are not statements of historical fact, including
statements regarding future expectations, beliefs, goals, plans or
prospects, constitute forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Any
statements containing the words “believes,” “plans,” “anticipates,”
“expects,” “intends” or “estimates” or similar expressions should
also be considered to be forward-looking statements.
Forward-looking statements involve known and unknown risk,
uncertainties and other factors, which may cause actual results or
performance of Cerence to be materially different from any future
results or performance expressed or implied by such forward-looking
statements including but not limited to: impacts of
the COVID-19 pandemic on our and our customer’s
businesses; the highly competitive and rapidly changing market in
which we operate; adverse conditions in the automotive industry,
the related supply chain, or the global economy more generally; our
ability to control and successfully manage our expenses and cash
position; our strategy to increase cloud offerings; escalating
pricing pressures from our customers; our failure to win, renew or
implement service contracts; the loss of business from any of our
largest customers; effects of customer defaults; our inability to
successfully introduce new products, applications and services; the
inability to recruit and retain qualified personnel; cybersecurity
and data privacy incidents; fluctuating currency rates; and the
other factors discussed in our most recent Annual Report on
Form 10-K, quarterly reports on Form 10-Q, and
other filings with the Securities and Exchange Commission. We
disclaim any obligation to update any forward-looking statements as
a result of developments occurring after the date of this
document.
Contact InformationInvestorsRich
YerganianCerence Inc.Tel:
617-987-4799Email: richard.yerganian@cerence.com
MediaKate HickmanCerence Inc.Tel:
339-215-4583Email: kate.hickman@cerence.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/5e5113a2-40b8-4764-84f0-7357232a674a
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