On September 18, 2018, Robert Tarkoff tendered his immediate resignation as a director to the CDK Global, Inc. (the “Company”) Board of Directors (the “Board”) in accordance with the Company’s Corporate Governance Guidelines and his change in job responsibilities related to his new role as an executive vice president of Oracle Corporation. The Board accepted Mr. Tarkoff’s resignation. Mr. Tarkoff’s departure from the Board was not the result of any disagreements with the Company.
Item 8.01. Other Events.
Concurrent with its acceptance of Mr. Tarkoff’s resignation, the Board voted to decrease the size of the Board from ten to nine members and designated current director and audit committee chair, Frank Sowinski, to serve as Mr. Tarkoff’s replacement on the nominating and governance committee.