Fairpointe Adds to Shareholder Demands Over Nuance CEO Plan

(Reuters) Fairpointe Capital LLC, Nuance Communications Inc’s tenth largest shareholder, said on Monday it had voiced concerns to the software company’s board that its CEO has not yet retired, making it the third investor to do so in recent weeks. Nuance, whose voice recognition technology helped launch Apple Inc’s assistant Siri, is seeking a successor to Chief Executive Paul Ricci, who announced in November 2016 that he would retire in 2018.

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