CDK Global has appointed a new CEO to steer the dealership software provider through ongoing challenges, including recent cybersecurity threats and legal disputes. The transition follows a period of significant restructuring, including a major technology upgrade costing half a billion dollars. The incoming leader takes over from an executive whose tenure was marked by high-stakes operational and financial decisions. Industry observers will watch how the shift impacts the company’s recovery and future strategy.
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.
