CDK Global has appointed a new CEO to steer the dealership software firm through ongoing challenges, including high-profile cybersecurity threats and legal disputes. The transition follows a major $500 million technology upgrade under the outgoing leader’s tenure. Industry observers will watch how the incoming executive navigates the company’s complex operational and security landscape. The move signals a potential shift in strategy amid lingering risks.
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.