Nuance Communications, Inc. Al Monserrat, an accomplished technology veteran and the former CEO of RES Software, has joined the Company as an executive vice president and the general manager of its Imaging business. Mr. Monserrat has more than 25 years of broad technology and software experience, and a proven track record for developing successful strategies that result in expanded market opportunities, improved go-to-market execution, and accelerated revenue growth. Prior to serving as the CEO of RES, Mr. Monserrat held numerous leadership roles at Citrix, including Senior Vice President of Global Sales and Services, Vice President of Global Channels, Sales Operations, and Emerging Products; and Vice President and General Manager of Citrix's North American business.

The company's Board of Directors confirmed that Paul Ricci will retire as CEO on or before March 31, 2018. In light of Mr. Ricci's expected retirement as CEO, the Board will not nominate him for election as a director at the 2018 annual meeting of shareholders.