Ford hires Lowe’s executive to lead automaker’s data and software transformation

Ford Motor Co. CEO Jim Farley walks to talk at a knowledge conference at the Rouge Complicated in Dearborn, Michigan, September 17, 2020.

Rebecca Cook | Reuters

DETROIT – Ford Motor has employed an on-line retail sales historical as its new chief digital and data officer – marking the 2nd excessive-profile appointment to CEO Jim Farley’s executive team within the previous week.

The automaker talked about Monday that Mike Amend, who used to be most neutral now not too long ago president of on-line for Lowe’s, will oversee Ford’s knowledge, tool and expertise, fine straight away. These are key areas to Farley’s Ford turnaround design that’s designed to reposition the automaker to generate extra routine earnings through tool services and products.

“Mike provides dimension to our team as we utilize expertise and tool to remodel our company and transportation from the within-out,” Farley talked about in a remark.  “Ford has repeatedly been an innovator in automobiles; now we’re taking our digital capabilities to new ranges to extra differentiate ourselves with possibilities and from opponents.”

At Lowe’s, Amend assisted in turning across the retailer’s on-line approach. The corporate’s on-line sales extra than doubled in 2020 when compared with the year prior. The overhaul made it higher positioned to grab greenbacks for the length of the house improvement roar and it added loads of recent alternate solutions, equivalent to curbside pickup and in-retailer lockers the place aside possibilities might possibly well possibly presumably retrieve on-line purchases.

Sooner than Lowe’s, Amend, 43, held identical positions with JCPenney and The Home Depot, in line with his LinkedIn profile. He also previously labored at Dell Applied sciences and Flee.

Ford talked about Amend’s team will work carefully with those led by Hau Thai-Tang, the corporate’s chief product platform and operations officer, and Doug Area, who joined Ford final week from Apple as chief obliging expertise and embedded methods officer.

Amend and Area are major hires for Ford, which is viewed by many merchants as being within the again of crosstown rival In vogue Motors by system of rising applied sciences equivalent to electric and automotive automobiles. Both are focuses below Ford’s turnaround design.

– CNBC’s Melissa Repko contributed to this account.