CDK Global has appointed a new CEO, marking a leadership transition after years of challenges for the dealership software provider. The incoming executive will take over from the outgoing leader, who guided the company through significant cybersecurity threats, legal disputes, and a major technology upgrade. The shift comes as the firm navigates ongoing operational and financial pressures in the automotive tech sector. Details on the new CEO’s background and strategic priorities remain under wraps.
Sudhakar Ramakrishna takes over as CDK Global CEO on Oct. 5, succeeding Brian MacDonald, who led the dealership software company through cyberattacks, lawsuits and a $500 million technology overhaul.