Nils Schanz Biography and Net Worth

EVP of Cerence

Nils Schanz has served as our Executive Vice President, Product and Technology since August 2024. Prior to that, he served as our Chief Product Officer since November 2022. As Executive Vice President, Product and Technology, Mr. Schanz leads Cerence’s global technology, engineering, and product development organization, driving alignment across innovation, product, and customer delivery and positioning Cerence to meet the current and future needs of its customers. A respected and accomplished automotive and AI technology leader, Mr. Schanz joined Cerence from Mercedes-Benz AG and Daimler, where he developed the highly regarded MBUX (Mercedes-Benz User Experience), the automaker’s intuitive, high-tech multimedia system, and launched other widely acclaimed innovations such as the award-winning MBUX Hyperscreen and the Voice Assistant “Hey Mercedes.” From 2018 until November 2022, he served as Global Head of User Interaction & Voice Control at Mercedes-Benz AG, leading a cross-functional team with global responsibility for digital user interface and user experience. Prior to his most recent role at Mercedes-Benz AG and Daimler, Mr. Schanz held a variety of positions in research and development, product management, and marketing. In addition to his Germany-based roles, he also spent time in Silicon Valley as Director of IoT & Wearables at Mercedes-Benz Research & Development North America.

What is Nils Schanz's net worth?: The estimated net worth of Nils Schanz is at least $1.79 million as of October 6th, 2025. Schanz owns 204,981 shares of Cerence stock worth more than $1,790,714 as of April 28th. This net worth evaluation does not reflect any other assets that Schanz may own. Learn More about Nils Schanz's net worth.
How do I contact Nils Schanz?: The corporate mailing address for Schanz and other Cerence executives is 15 WAYSIDE ROAD, BURLINGTON MA, 01803. Cerence can also be reached via phone at 857-362-7300 and via email at [email protected]. Learn More on Nils Schanz's contact information.
Has Nils Schanz been buying or selling shares of Cerence?: Nils Schanz has not been actively trading shares of Cerence during the past quarter. Most recently, Nils Schanz sold 30,560 shares of the business's stock in a transaction on Monday, October 6th. The shares were sold at an average price of $12.76, for a transaction totalling $389,945.60. Following the completion of the sale, the executive vice president now directly owns 204,981 shares of the company's stock, valued at $2,615,557.56. Learn More on Nils Schanz's trading history.
Who are Cerence's active insiders?: Cerence's insider roster includes Sanjay Dhawan (CEO), Leanne Fitzgerald (General Counsel), Mark Gallenberger (CFO), Stefan Ortmanns (EVP), Antonio Rodriquez (CFO), Jennifer Salinas (EVP, CAO & General Counsel), and Nils Schanz (EVP). Learn More on Cerence's active insiders.
Are insiders buying or selling shares of Cerence?: In the last twelve months, insiders at the sold shares 2 times. They sold a total of 68,907 shares worth more than $879,253.32. The most recent insider tranaction occured on October, 6th when CFO Antonio Rodriquez sold 38,347 shares worth more than $489,307.72. Insiders at Cerence own 1.4% of the company. Learn More about insider trades at Cerence.
Information on this page was last updated on 10/6/2025.

Nils Schanz Insider Trading History at Cerence

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
10/6/2025	Sell	30,560	$12.76	$389,945.60	204,981

Nils Schanz Buying and Selling Activity at Cerence

Cerence Company Overview

Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market in United States, Other Americas, Germany, Europe, Middle East, Africa, Japan, and Other Asia-Pacific. The company offers edge software components, cloud-connected components, virtual assistant coexistence, and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology. Cerence Inc. is headquartered in Burlington, Massachusetts.

Today's Range

Now: $8.73

$8.66

$8.95

50 Day Range

MA: $7.53

$5.96

$9.00

2 Week Range

Now: $8.73

$5.85

$13.74

Volume

511,462 shs

Average Volume

871,805 shs

Market Capitalization

$393.02 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.72