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Frank T. Cary

From Wikipedia, the free encyclopedia
American executive and businessman

Frank T. Cary
Cary in 1977
Born
Frank Taylor Cary

(1920-12-14)December 14, 1920
DiedJanuary 1, 2006(2006-01-01) (aged 85)
EducationUniversity of California, Los Angeles (BA)
Stanford University (MBA)

Frank T. Cary (December 14, 1920 – January 1, 2006) was anAmerican executive and businessman. Cary served as theChairman ofIBM from 1973 to 1983 andCEO from 1973 to 1981.

Early life and education

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Frank Taylor Cary was born on December 14, 1920, inGooding, Idaho.[1] Taylor was the son of Dr. Frank T. Cary and Ida Hayden.[2] The family moved toInglewood, California not long after his birth.[2] He received a bachelor's degree from theUniversity of California, Los Angeles in 1943 and aMaster of Business Administration degree fromStanford University in 1948.[1][3]

Career

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IBM

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Cary joined IBM in 1948 as a salesman in Los Angeles.[1] He held a variety of management positions and became president of the Data Processing Division in 1964.[4] Advancing through the management ranks, he became general manager of data processing and vice president after two years, then became a senior vice president in 1967. The following year, he was appointed as a member of the board of directors then joined the Corporate Office and the Management Review Committee.[3] In January 1973, Cary was named Chairman and CEO.

He was chief executive at IBM during a period of rapid growth in product, revenue, and profit. He started the creation of a small group within IBM dedicated to spearhead an answer toApple Inc.

He stepped down from his position in 1981 but remained a director until 1991.[3]

Boards and Committees

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Cary was Chairman of biotechnology companyCelgene Corporation from 1986 to 1990.[5] He was a member of the Steering Committee of theBilderberg Group.[6]

He joined the MIT Corporation in 1974 and became a life member in 1984. He served on several committees, including the committee of Electrical Engineering and Computer Science.[1]

He served on the board of directors ofJP Morgan,ABC,Texaco, and others. He also served on boards of many nonprofit organizations, including theAmerican Museum of Natural History andRockefeller University.[1]

Personal life and death

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He was married to Anne (Curtis) Cary. They raised three sons, and a daughter.[1] His hobbies included skiing, tennis, and golf.[7] He died at the age of 85, at his home inDarien, Connecticut, onNew Year's Day 2006.[2]

References

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  1. ^abcdef"Frank Cary, life member of Corporation, dies".mit.edu. January 10, 2006. RetrievedDecember 11, 2019.
  2. ^abc"Frank Cary, Past Chairman of I.B.M., Is Dead at 85".The New York Times. January 6, 2006. RetrievedDecember 11, 2019.
  3. ^abc"Frank T. Cary".ibm.com. January 23, 2003. RetrievedDecember 18, 2019.
  4. ^Computerworld, March 10, 1980
  5. ^"Frank Cary, 85; led IBM through 1970s".boston.com. January 8, 2006. RetrievedDecember 11, 2019.
  6. ^"Former Steering Committee Members".bilderbergmeetings.org.Bilderberg Group. Archived fromthe original on June 30, 2009. RetrievedFebruary 8, 2014.
  7. ^"Frank Cary, 67; IBM Head Instrumental in Push to Develop PCs".Los Angeles Times. January 5, 2006. RetrievedDecember 15, 2019.

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