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CDK CEO Addresses COVID-19, Reduces Prices

CDK

CDK Global President and CEO Brian Krzanich has issued the following statement to its customers and partners in regard to the COVID-19 pandemic:

I don’t think any of us could have planned for the business environment we’re currently experiencing. At every level of CDK, we have spent time talking with you, discussing options, and understanding these unprecedented times.

I want to make sure you know that we’re all in this together. It looks like it may be difficult for a while. Your business and ours have to maintain balance and secure the future while managing through today’s uncertainty. We know your teams have been working hard to keep moving forward. For the CDK team, our North Star is truly the sustained health and success of our dealer network. As such, today we are announcing some significant changes to our billing for the month of April that will help us all get through the COVID-19 crisis.

For April, we will reduce our subscription fees to the following:

  • All Layered Applications will be reduced by 100 percent! Yes, that means free. This includes products like CRM, Loyalty, Texting, Locator, and more. If you don’t currently use some of these products, but would like them installed, we can help. New solution purchases are not a requirement to receive this offer on the products you currently use.
  • All DMS and DMS-related products will be reduced by 25 percent. This includes required products like Hosting, Pricebooks, EPC integration, and more.

These benefits require no action on your part, though there are some basic qualifying terms listed below. Your April bill will automatically be adjusted.

We will continuously monitor the situation and talk with you, our partners as we look beyond April.

We know that you and your employees are being impacted by the COVID-19 crisis. I wanted to express my commitment to you, your employees, and just as importantly, to all CDK employees and stakeholders. Effective April 1, my salary and cash bonuses for 2020 will be reduced to $1. I want to do this as an expression of solidarity, and a commitment to this industry, as well as to the employees of our dealers and CDK. Together, we will get through this.

I don’t think any of us could have ever imagined that this is where we would be and what we would be doing, but what I am witnessing is remarkable. We are learning to think differently about how we support one another, our businesses, and our local communities. While these times may seem bleak, I know these clouds will lift, and together we will emerge stronger and better, having trusted each other and joined forces to overcome what we face today.

We are here for you now, tomorrow, and each day that follows.

Stay Well,
Brian Krzanich

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