US:Ford CIO Adams resigns
Ford CIO Adams resigns
Ralph Kisiel | Automotive News
DETROIT -- Marv Adams, Ford Motor Co.'s chief information officer, will leave the automaker next month to return to the banking industry.
Adams, 48, resigned as Ford's senior vice president, chief information officer and head of corporate strategy to join Citigroup as its chief information officer. His resignation is effective April 21.
Ford is replacing Adams with Nick Smither, 47, who has been named vice president and chief information officer. Smither had been executive director of global information technology business operations, reporting to Adams. Adams' corporate strategy responsibilities will be the subject of a separate announcement, Ford said in a release.
Adams joined Ford in December 2000 as vice president and chief information officer. He was appointed senior vice president and chief information officer in September 2004 and added head of corporate strategy to his job description in May 2005.
He returns to the banking industry, where he was president of Bank One Financial Card Services Corp. in 1994. Bank One appointed him chief information officer in 1997.
Adams previously held positions at Xerox Corp. and IBM Corp.
At Ford, Adams helped develop a complex and costly Web-based purchasing system designed to consolidate nearly 30 Ford systems worldwide. But after four years of development and hundreds of millions in investment, Ford quietly scrapped the system, called Everest, in 2004.
Adams focused on bringing Ford's information technology operations back in-house. Adams also was the tech force behind Ford's IT Preferred Provider Program that aimed to reduce technology suppliers from 140 to eight.
Smither joined Ford in 1980 as an engineer in product development for Ford of Europe. He moved to information technology in 1983 as a systems analyst and has held a variety of management positions in product development, finance and marketing and sales.
Smither returned to the United States in 1995 to lead the information technology integration of South American locations as part of Ford 2000. He then led the finance systems team and then the product development systems team before moving into his current position.
My first car was a 67 Mustang Coupe, 2nd one was a 67 Cougar XR-7, 3rd one was a 66 Mustang Coupe. Why did I get rid of these cars for ? I know why, because I'm stupid, stupid, stupid.
My next Ford.....