CDK Global has appointed a new CEO, marking a leadership transition after years of challenges. The company, known for its dealership software, has faced significant hurdles including cybersecurity threats, legal disputes, and a major technology upgrade. The incoming leader takes over from a CEO who guided the firm through these difficult periods. This shift could signal a new direction for the business as it navigates ongoing industry pressures.
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.