December 6, 2022

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CDK World Names Eric Guerin Main Financial Officer

6 min read

HOFFMAN ESTATES, Ill.–(Organization WIRE)–Dec 15, 2020–

CDK World-wide, Inc. (Nasdaq: CDK), a leading retail automotive know-how company, right now introduced Eric Guerin will join the Enterprise as government vice president and chief fiscal officer (CFO) on January 18. The appointment of Guerin will help Joe Tautges to complete his changeover to the function of chief functioning officer (COO) early in 2021.

This push release options multimedia. See the comprehensive launch in this article: https://www.businesswire.com/news/residence/20201215005405/en/

Eric Guerin, chief economical officer, CDK World (Image: Business Wire)

In his role, Guerin will be liable for driving the Company’s fiscal strategy, progress options, and performance to make sure they are pursued efficiently, profitably, and with minimal risks.

“We are on the lookout forward to Eric bringing his more than 20 decades of finance encounter from properly regarded, publicly-traded firms to enable us strengthen our harmony sheet and accelerate development in our small business,” said Brian Krzanich, president and main government officer, CDK World. “As we welcome Eric, I want to thank Joe for his remarkable contributions as CFO and look ahead to him continuing to enjoy a significant job as COO as we construct on our momentum and completely transform the way the business connects.”

Guerin joins CDK World-wide from Corning Included, where he served as division vice president and sector CFO, Corning Glass Systems. In the course of his career, Guerin has held different management roles, including vice president, Finance and CFO, Aftermarket Products and services and Answers at Flowserve Company vice president, Finance, International R&D, Alcon Division at Novartis and finance director, WWR&D and New Enterprise Advancement, Ethicon at Johnson & Johnson.

“I’m energized to be part of CDK World wide at a time of considerable prospect when the Firm is investing in its expansion,” explained Guerin. “I glimpse ahead to aiding CDK execute on its method to supply innovative options to automotive vendors and OEMs that permit them to hook up greater, manage, review and develop their company, as properly as improve value for shareholders.”

Guerin holds a Bachelor of Science in Accounting with a minimal in Economics from the College of Staten Island and a Master of Small business Administration from St. John’s University. Guerin has also acquired his CPA and CMA designations (equally inactive).

Guerin will be dependent in the Company’s Hoffman Estates, Sick. office.

AboutCDK Global, Inc.

With around $2 billion in revenues, CDK Global (Nasdaq: CDK) is a leading global supplier of built-in details technological innovation answers to the automotive retail and adjacent industries. Targeted on enabling conclude-to-stop automotive commerce, CDK World wide presents alternatives to dealers in extra than 100 nations around the world about the planet, serving close to 30,000 retail locations and most automotive companies. CDK methods automate and integrate all areas of the dealership and purchasing method, which includes the acquisition, sale, funding, insuring, components supply, restore, and maintenance of motor vehicles. Stop by cdkglobal.com.

Safe and sound Harbor for Forward-Searching Statements

This press launch contains “forward-searching statements” within just the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historic reality, which include: statements relating to strategies objectives forecasts ambitions beliefs organization approaches upcoming occasions business circumstances outcomes of functions fiscal position and company outlook and trends and other data, may perhaps be forward-on the lookout statements. Words and phrases this sort of as “might,” “will,” “may,” “could,” “should,” “estimates,” “expects,” “continues,” “contemplates,” “anticipates,” “projects,” “plans,” “potential,” “predicts,” “intends,” “believes,” “forecasts,” “future,” “assumes,” and versions of these words or identical expressions are meant to discover ahead-seeking statements. These statements are primarily based on management’s expectations and assumptions and are topic to dangers and uncertainties that may possibly lead to precise final results to differ materially from these expressed, or implied by, these ahead-seeking statements.

Factors that could cause genuine outcomes to differ materially from all those contemplated by the ahead-seeking statements consist of: the company’s capacity to obtain the meant benefits of the disposition of its worldwide small business and the envisioned expenditures of the disposition the Company’s anticipations concerning the probable impacts on the Company’s company of the outbreak of the COVID-19 pandemic the Company’s good results in acquiring, retaining and providing extra services to prospects the pricing of the Company’s merchandise and providers general marketplace and economic circumstances, such as interest level and overseas forex developments, and technological know-how developments adverse world financial circumstances and credit history markets and volatility in the countries in which we do enterprise auto product sales and connected marketplace changes aggressive situations improvements in regulation adjustments in technological innovation, safety breaches, interruptions, failures and other glitches involving the Company’s devices availability of experienced technical staff/labor/staff the effects of new acquisitions and divestitures employment and wage concentrations availability of money for the payment of credit card debt service obligations or dividends or the repurchase of shares any modifications to the Company’s credit rating rankings and the effects of this kind of variations on funding expenditures, premiums, phrases, financial debt service obligations, obtain to money sector and doing the job capital demands the effects of the Company’s indebtedness, obtain to cash and financing, and capability to protected funding, or funding at interesting fees the onset of or developments in litigation involving contract, mental assets, competition, shareholder, and other matters, and governmental investigations and the capability of the Company’s major stockholders and their affiliates to considerably influence the Company’s choices or induce it to incur significant expenditures.

There might be other elements that may perhaps bring about the Company’s genuine effects, performance or achievements to vary materially from all those expressed in, or implied by, the ahead-searching statements. The Enterprise offers no assurances that any of the activities expected by the forward-wanting statements will happen or, if any of them do, what affect they will have on its success of operations and money ailment. You should really cautiously examine the factors explained in the Company’s studies filed with the Securities and Exchange Commission (“SEC”), including all those talked over below “Part I, Item 1A. Possibility Factors” in its most latest Yearly Report on Type 10-K and its most current Quarterly Report on Sort 10-Q for a description of certain threats that could, among other matters, induce the Company’s precise outcomes to vary from any forward-looking statements contained herein. These filings can be found on the Company’s website at investors.cdkglobal.com and the SEC’s internet site at www.sec.gov.

All forward-wanting statements converse only as of the day of this press release even if subsequently made readily available by the Corporation on its site or or else. The Enterprise disclaims any obligation to update or revise any ahead-on the lookout statements that may well be manufactured to mirror new data or long term functions or situation that arise following the date built or to replicate the prevalence of unanticipated events, other than as required by law.

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Key word: ILLINOIS UNITED STATES NORTH The united states

Field Search phrase: Details Management AUTOMOTIVE Engineering AUTOMOTIVE Production Production Normal AUTOMOTIVE RETAIL FINANCE BANKING OTHER AUTOMOTIVE Recreational Cars Professional Expert services Performance & Distinctive Desire OFF-Street Trucks & SUVS Software program Bikes FLEET Administration World wide web Alternate Cars/FUELS On line RETAIL AFTERMARKET

Source: CDK World, Inc.

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PUB: 12/15/2020 08:00 AM/DISC: 12/15/2020 08:01 AM

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