Dealership software giant, CDK Global Inc. has appointed former Intel boss Brian Krzanisch to lead the company after its current CEO Brian MacDonald stepped down from the post after 2 years of service.
The company has announced that the move will be effective immediately. Apart from leading the company, Krzanich will also serve as the company’s President and subsequently gain a position in the company’s board.
Prior to his appointment at CDK, Krzanich served as the CEO of leading tech giant Intel. He was appointed in 2013 and continued to contribute towards some of the major changes in the company up until now. However, the 58-year-old executive served in the company since 1982 and held several important roles.
Intel ousted Krzanich in June after determining he had violated company policy by having an inappropriate relationship. Post his resignation, the company’s working CFO Robert Swan was appointed as the interim CEO while the Intel board continued to search for a permanent replacement.
Reports suggest that Krzanich held positions in Intel including Senior Vice President and General Manager of manufacturing and supply chain from 2010 to 2012. Meanwhile, later, as the Executive Vice President and COO, he was responsible for Intel’s global manufacturing, supply chain, human resources and information technology.
“In evaluating the future of CDK, the board and Brian MacDonald concluded that this is the right time to bring in a proven technology CEO to drive top-line growth and help CDK take full advantage of its many opportunities,” Leslie Brun, CDK board chairman, said in a statement.