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CDK Global finance chief steps down

HOFFMAN ESTATES - CDK Global Chief Financial Officer Al Nietzel is leaving the company to pursue other interests effective May 31, the company announced.

Executive Vice President, General Counsel and Secretary Lee Brunz will serve as interim CFO, while retaining his other duties, until a new CFO is appointed. Brunz previously served as head of finance and controller for Cobalt Holding Company, a predecessor company of CDK. CDK has commenced a comprehensive search for a permanent replacement, assisted by Crist|Kolder Associates, a leading executive search firm.

"On behalf of our Board and management team, I'd like to thank Al for his many years of service to CDK and wish him all the best in his future endeavors," said Brian MacDonald, president and CEO of CDK Global. "I am pleased that we have such a highly capable and experienced executive as Lee to step in to act as interim CFO while we search for a replacement. We will be looking for a candidate who can help us deliver further financial and operational improvements, and build on the strong progress we have made in transforming our company."

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