- As disclosed on July 6, 2022, CDK Global ( NASDAQ: CDK ) was merged with and into Central Merger Sub Inc., with the company as the surviving entity and a wholly-owned subsidiary of Central Parent Inc., a wholly-owned subsidiary of Central HoldCo Inc., a Delaware corporation, formed by affiliates of Brookfield Asset Management Inc. and Brookfield Capital Partners VI L.P.
- After merger announcement, Brian Krzanich informed the company that he would resign as President and CEO, effective July 11, 2022.
- The company appointed Brian MacDonald as Acting Chief Executive Officer, effective July 11, 2022.
- As part of these changes, Eric Guerin will depart as Chief Financial Officer on July 22, 2022; Joseph Tautges will cease being the Chief Operating Officer but will continue to serve as an employee of the Company and act as a special advisor to the Chief Executive Officer, , effective July 11, 2022.
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CDK Global's CEO, CFO and COO steps down as part of the merger announcement last week