Companies must keep IT on track as Bob DeRodes and Bruce Carver depart. Two high-profile companies are about to lose their CIOs and…. Bruce Carver is departing automotive supplier Dana Holding Corp. to become CIO of engine-maker Cummins Inc. May 2. And Bob DeRodes plans to quit Home Depot at the end of the year, according to a company announcement. Two after allBoth Carver and DeRodes leave behind companies facing uncertainty. In January, Dana, a $9 billion auto supplier, emerged from 22 months of bankruptcy protection. Hired as Dana’s first global CIOin 2004, Carver was charged with streamlining information technology operations as Dana recovered from a hostile take-over attempt by rival ArvinMeritor and the death of Dana’s then-CEO, a 37-year company veteran. Carver was a divisional CIO at PepsiCo before joining Dana. Within 100 days of starting the job, he had rearranged his 709-member staff and appointed managers to several key positions, such as director of IT operations and director of human resources for IT. More recently, in the past three years, Dana has lost $2.9 billion and cut its workforce from 44,000 to 35,000. Carver’s appointees have since left Dana, a company spokesman confirmed. Steven Davis, currently IT director of Dana’s heavy vehicle systems group, which makes axles and drive shafts, will become acting CIO as the company looks for a permanent IT leader, the spokesman said. At Home Depot, meanwhile, DeRodes announced his impending departure as the company works to modify and install a new SAP ERP suite critical to core retail operations. The software is due to go live in Canada this year; it’s not yet running in the U.S. The hardware and garden retailer recently laid off 500 employees, including an unspecified number of technology staff, a spokesman acknowledged. The statement from Home Depot didn’t say where DeRodes was going; separately, the company spokesman said he had no information about that. Last August, DeRodes’ former boss, Bob Nardelli, left as CEO of Home Depot to be CEO of Chrysler. Nardelli hired DeRodes in 2002, from Delta Air Lines. DeRodes will help the company choose his successor, the spokesman said, adding that Home Depot will hire an executive search firm. It is unknown whether the new CIO will take home as much as his predecessor: DeRodes is among the highest compensated CIOs in the U.S.; he was paid $4.3 million for 2007 and $5.2 million in 2006. DeRodes beat the average CIO tenure, which, according to our 2008 State of the CIO survey, is four years, five months. Carver fell short by 10 months. Related content News Amazon to lay off 9,000 more workers, including some at AWS The latest round of Amazon layoffs will impact AWS, Twitch, advertising and PXT, CEO Andy Jassy said. By Jon Gold Mar 20, 2023 3 mins Technology Industry Cloud Computing BrandPost What’s next for network operations Broadcom: 2023 Tech Trends That Transform IT By Serge Lucio, Vice President and General Manager, Agile Operations Division Mar 20, 2023 8 mins IT Leadership Networking BrandPost Digital transformation obstacles: Stubborn challenges, what to do about them Value Stream Management is an increasingly essential approach to strategic transformation initiatives. To help teams more fully capitalize on the opportunities it presents, Broadcom is holding its third annual VSM Summit. By Marla Schimke, Head of Product and Growth Marketing, Broadcom's Enterprise Software Division Mar 20, 2023 3 mins Devops Software Development Feature CEO directives: Top 5 initiatives for IT leaders As organizations change course with economic gyrations, collaboration between IT and business becomes priority No. 1 for CEOs. By Stacy Collett Mar 20, 2023 7 mins IT Leadership Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe