
CDK Global Inc is a leading provider of integrated software and services for the automotive retail industry. CDK Global Inc has a presence in over 100 countries worldwide.
The company's financial information is publicly available, providing investors with a clear picture of its performance. CDK Global Inc's financial statements are audited by a reputable accounting firm.
CDK Global Inc's revenue for the fiscal year 2020 was $2.1 billion. This represents a 5% increase from the previous year's revenue.
The company's financial information is detailed in its annual reports, which are available on its investor relations website.
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CDK Global Investor Relations
CDK Global Inc is a vital linchpin in the automotive retail industry, orchestrating the digital backbone that connects car dealers, manufacturers, and consumers.
Its core operation hinges on providing software solutions that simplify and streamline dealership processes, from inventory management to customer relationships. CDK Global generates revenue predominantly from subscriptions and software licenses, complemented by added services like consulting and digital marketing.
The company taps into digital marketing and data analytics, empowering dealers with customer insights that fuel more effective marketing strategies.
Executive Committee
The Executive Committee at CDK Global, Inc. is responsible for making key decisions that drive the company's success.
Brian MacDonald has been the Chief Executive Officer and President since July 11, 2022. He's 59 years old.
Neil Fairfield has been the Comptroller/Controller/Auditor since March 7, 2021, at the age of 50.
Joe Tautges has been the Chief Operating Officer since July 31, 2020.
Stephen Lifshatz, 66 years old, took over as Director of Finance/CFO on January 31, 2023.
Alex P. Choy, 62 years old, has been the Chief Tech/Sci/R&D Officer since December 31, 2022.
Here's a brief overview of the Executive Committee members:
Board of Directors Composition
The Board of Directors at CDK Global, Inc. is a group of experienced professionals who oversee the company's operations. The Board is led by Doug Bayerd, who has been a Director/Board Member since the information is available.
Ron Frey joined the Board in 2022, specifically on July 20th.
Executive Stock Transactions

At CDK Global, you can track the financial decisions of company executives by looking at their stock transactions. Our system aggregates data from Form 4 Insider Transactions SEC Filings.
Executives buy and sell their own company stock, and you can see when and how much they do it.
We use calculated cost dollar values to provide transparency into these transactions, giving you a better understanding of the company's financial situation.
You can discover how much registered owners buy, sell, or exercise their company stock options, which can be a valuable insight into the company's financial health.
This information can help you make more informed investment decisions, and it's available to you through our system.
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CDK Global
CDK Global is a vital linchpin in the automotive retail industry, quietly orchestrating the digital backbone that connects car dealers, manufacturers, and consumers.
The company was born from a lineage deeply rooted in data and technology, transforming from a division of Automatic Data Processing (ADP) into a company synonymous with dealer management systems (DMS).
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CDK Global's core operation hinges on providing software solutions that simplify and streamline the intricate processes within dealerships, from inventory management and customer relationships to parts and service.
These solutions help dealerships navigate the complexities of the modern automotive market, allowing smooth operations through a unified system that integrates various dealership functions into one cohesive interface.
Revenue for CDK Global flows predominantly from the robust network of subscriptions and software licenses, complemented by an array of added services.
CDK generates income by offering consulting services that optimize automotive retail operations and drive performance improvements.
Additionally, it taps into digital marketing and data analytics, empowering dealers with customer insights that fuel more effective marketing strategies.
CDK Global positions itself as an indispensable partner, enabling dealers to adapt and thrive in a fast-paced, digitally-driven environment.
CDK Global, inc. holds a Q4 2021 Earnings Call for the period ending June 30, 2021.
The call took place on August 17, 2021, at 5:00 p.m. ET.
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Financial Information
CDK Global Inc is a leading automotive retail solutions provider, serving over 30,000 customers worldwide.
Their financial information is publicly available, with a market capitalization of over $8 billion.
CDK Global Inc's revenue has consistently grown over the years, reaching $2.2 billion in 2020.
The company has a strong track record of profitability, with net income of $341 million in 2020.
CDK Global Inc has a diverse revenue stream, with 75% of revenue coming from subscription-based services.
Their financial performance is influenced by the automotive retail industry's trends and fluctuations.
CDK Global Inc has a solid balance sheet, with a debt-to-equity ratio of 0.56 as of 2020.
Their cash and cash equivalents stood at $1.4 billion as of 2020, providing a cushion for future investments and acquisitions.
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Insights and Analysis
Forward-looking statements in press releases are based on current expectations and assumptions about the future, but can be affected by various factors.
The Private Securities Litigation Reform Act of 1995 defines these statements, which address future events, actions, or performance.
CDK's ability to contain and remediate a cybersecurity incident is a key factor in Group 1's financial condition and results of operations.
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Uncover Actionable Insights in SEC Filings
You can find hidden opportunities and early signs of potential problems without having to dig through a 10-K/Q.
SEC filings contain a wealth of information that can inform your investment decisions.
Reading both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q can be a game-changer for investors.
By analyzing SEC filings, you can gain a deeper understanding of a company's financial health and future prospects.
Investors who take the time to review SEC filings can uncover valuable insights that might otherwise go unnoticed.
SEC filings can be a treasure trove of information, but only if you know where to look.
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Insights
Forward-looking statements are a key part of understanding Group 1's expectations for the future.
These statements are based on the company's current assumptions and expectations about its business, the economy, and other future conditions. They address Group 1's expectations or beliefs regarding future events, actions, or performance.
For more insights, see: Hedge Fund Financial Statements
The impact of the CDK cybersecurity incident on Group 1's financial condition and results of operations is a major concern. Group 1 is worried about how this incident will affect its business.
Factors that could affect future developments and performance include access to the CDK platform, and CDK's ability to contain and remediate the cybersecurity incident. These are just a few of the many risks and factors that Group 1 has identified.
Group 1 has filed documents with the Securities and Exchange Commission that contain more information about these risks and factors.
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Frequently Asked Questions
What happened to CDK Global Inc.?
CDK Global Inc. was acquired by Brookfield Business Partners and institutional partners for $8.3 billion in 2022. This significant deal marked a major change for the company.
What happens to my CDK Global stock?
You'll receive $54.87 per share in cash upon completion of the merger, representing a 30% premium to the unaffected closing price. CDK Global shareholders will be acquired through a tender offer initiated by Brookfield.
Sources
- https://www.alphaspread.com/security/lse/0hqr/investor-relations
- https://www.marketscreener.com/quote/stock/CDK-GLOBAL-INC-18231327/company-governance/
- https://www.fool.com/earnings/call-transcripts/2021/08/17/cdk-global-inc-cdk-q4-2021-earnings-call-transcrip/
- https://last10k.com/sec-filings/cdk
- https://www.stocktitan.net/news/GPI/group-1-automotive-provides-statement-on-cdk-cybersecurity-lrag2jr1x5gn.html
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