CDK Global has appointed a new CEO to steer the dealership software company 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. With leadership changing hands, industry observers will watch how the incoming executive navigates the company’s financial and operational hurdles. The move marks a shift after years of high-stakes management under the outgoing CEO.
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.
