CDK Global Announces New President
November 8, 2018—CDK Global Inc. on Wednesday announced that Brian Krzanich, 58, former chief executive officer of Intel, has joined CDK Global as president and chief executive officer (CEO). Krzanich will also serve as a member of the board.
Krzanich succeeds Brian MacDonald who will assist in the transition.
Krzanich served as Intel's CEO from May 2013 to June 2018. As CEO, he led Intel's corporate strategy and operations, including development of Intel's business model and identifying emerging technologies. Krzanich joined Intel in 1982, became a corporate vice president in 2006, and served until 2010 as vice president and general manager of assembly and test. He was senior vice president and general manager of manufacturing and supply chain from 2010 to 2012. He became executive vice president and chief operating officer in 2012, responsible for global manufacturing, supply chain, human resources, and information technology.
"CDK has a leadership position in a dynamic and rapidly evolving automotive technology market, and I am energized by the chance to help grow this unique company and take it to the next level," Krzanich said. "The automotive industry is undergoing changes that will impact and present opportunities for dealers, OEMs, consumers and the technology ecosystem that serves them. I look forward to working closely with the CDK Board, management team and employees to enable CDK to meet its full potential to generate value for all of its stakeholders."
Krzanich and MacDonald will both participate in the CDK FY19 Q1 earnings call to be held today, Wednesday, Nov. 7, 2018, at 8:30 a.m. ET.