CDK Appoints Ron L. Frey Chief Strategy Officer

Post Date: 
03-08-2017

HOFFMAN ESTATES, Ill., March 8, 2017 /PRNewswire/ -- CDK Global, Inc. (Nasdaq: CDK) today announced the appointment of Ron Frey as executive vice president and chief strategy officer. Frey will join CDK in April and have global responsibility for strategy and business development as well as product management. He replaces Malcom Thorne, who is retiring after more than 15 years with CDK.

Ron FreyCDK Global President and CEO, Brian P. MacDonald, said, "Ron Frey has been a respected strategist and operating executive within the automotive industry for many years, and we are pleased to have him join the CDK Global executive leadership team. Ron will oversee corporate strategy, business development, and product management as we continue our focus on delivering the kinds of innovative products and services that dealers need to grow and manage their businesses. Also, I want to thank Malcolm Thorne for his many contributions to CDK's success and wish him well."

"I am pleased to be joining CDK Global at a time when the automotive retail experience is evolving rapidly and dealers need innovative solutions," said Frey. "CDK is in a unique position to help our dealers utilize technology and data to better serve the needs of today's auto-buying consumers."

About Ron Frey
Frey is an automotive innovator, beginning his career in the automotive industry in 1985 when he identified a niche market founding a full service auto-buying service that grew into one of the nation's leading credit union auto-buying programs before selling to TrueCar in 2005 when he joined TrueCar as their COO/Partner.

In 2007, Frey took on the role as president of AutoNation Direct where he focused on developing and testing bold new initiatives in transactional sales outside the traditional store environment and was later promoted to chief strategy officer of AutoNation, Inc. AutoNation Direct was the company's incubator company for testing and validating capabilities that ultimately led to AutoNation Express, the parent company's fresh, industry-leading approach to digital sales connecting the digital experience to in-store operations that was launched in 2015. More recently, Frey has been providing consulting services to the automotive industry through his company, RL Frey.

About CDK Global
With more than $2 billion in revenues, CDK Global (Nasdaq: CDK) is a leading global provider of integrated information technology and digital marketing solutions to the automotive retail and adjacent industries. Focused on evolving the automotive retail experience, CDK Global provides solutions to dealers in more than 100 countries around the world, serving more than 27,000 retail locations and most automotive manufacturers. CDK's solutions automate and integrate all parts of the dealership and buying process from targeted digital advertising and marketing campaigns to the sale, financing, insuring, parts supply, repair and maintenance of vehicles. Visit www.cdkglobal.com.

Investor Relations Contact:
Taze Rowe
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taze.rowe@cdk.com

Media Contact:
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