Ford poaches Lowe's exec in another tech hire

CEO Jim Farley says Ford is taking its 'digital capabilities to new levels'

Ford Motor Co. has announced another major tech hire for the second week in a row, picking up former Lowe's executive Mike Amend to serve as the automaker's new chief digital and information officer.

In his past three years at Lowe's, Amend, 43, served as president of the company's online business – which nearly tripled during his tenure. Amend previously held a similar positions at J.C. Penney, which saw 20% annual growth in online sales, and at The Home Depot, which saw 40% growth in yearly online sales.

Ticker Security Last Change Change %
F FORD MOTOR CO. 13.23 +0.46 +3.60%
Mike Amend Ford

ord has a new chief digital and information officer, Mike Amend, who will help focus the company use of data, software and technology to drive growth and create value for customers and other stakeholders – objectives which are central to the Ford+ st (Ford)

FORD OFFERING VOLUNTARY BUYOUTS

"Mike adds dimension to our team as we use technology and software to transform our company and transportation from the inside-out," Ford CEO Jim Farley said in a statement. "Ford has always been an innovator in vehicles; now we’re taking our digital capabilities to new levels to further differentiate ourselves with customers and from competitors."

Amend will head up Ford's technology and software platform, and he'll be working closely with another tech newcomer to the auto giant.

Last week, Ford hired Apple alum Doug Field to serve as chief advanced technology and embedded systems officer. Field was a vice president at Apple and was previously senior vice president of engineering at Tesla.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Amend's and Field's teams will work closely with those led by Ford chief product platform and operations officer Hau Thai-Tang, the company said in a press release.

"I'm excited to join Ford at such a pivotal time in the company and the industry," Amend said in a statement.  "We’re completely reimagining digital experiences for our customers, colleagues, dealers and partners, and will use technology and real-time data to bring that vision to life."