CDK Global has appointed a new CEO to steer the dealership software company through a period of significant challenges, including cybersecurity threats and legal disputes. The transition follows a major restructuring effort, including a $500 million technology upgrade, aimed at modernizing operations. The incoming leader takes over from the outgoing CEO, who oversaw the company during turbulent times marked by high-profile disruptions. Industry observers will watch closely as the new executive navigates ongoing risks and recovery efforts.
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.
