Nuance amends stockholders rights plan Nuance Communications announced that its Board of Directors has approved an amendment to the companyís stockholder rights plan, which was scheduled to expire on August 19. The amendment extends the expiration date of the Rights Plan until August 19, 2015, unless redeemed earlier by the company as provided for in the Rights Plan. The Rights Plan allows the Board of Directors additional time to evaluate all available alternatives and preserves the companyís ability to implement managementís strategic plan in order to maximize the long-term value of the company for all stockholders.
Nuance names Ken Siegel as Chief Legal Officer Nuance Communications announced that it has appointed Ken Siegel as Chief Legal Officer to oversee Nuance's legal organization and operations. Bruce Bowden, who has served as interim General Counsel since 2015, will transition into a leadership role for Nuance's transformation initiative in addition to his current Corporate Strategy and Business Development leadership.