As General Motors invests heavily in software, the automaker will get a boost from the Silicon Valley tech world.
Mike Abbott, who led cloud services at Apple Inc., will become GM's executive vice president of software beginning May 22, the automaker said last week. He will report to CEO Mary Barra and oversee a reorganized software team focused on information and digital technology, software-defined vehicle and operating systems, and digital business.
Abbott, 50, joins GM at a time of digital transformation at the automaker. GM continues work on its Ultifi software platform and the development of software-defined vehicles, which will be able to offer apps and other features to consumers through over-the-air updates. GM also expects software and subscription services to be a key future revenue driver, to the tune of $20 billion to $25 billion by 2030.