Frank T. Cary (December 14, 1920 – January 1, 2006) was an American executive and businessman. Cary served as the Chairman of IBM from 1973 to 1983 and CEO from 1973 to 1981.
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, in 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.
During his tenure as chief executive at IBM, he presided over a period of rapid growth in product, revenue and profit. His most notable accomplishment was recognizing that the personal computer was going to be an emerging product category that could ultimately be a threat to IBM.[need quotation to verify] Consequently, he forced the creation of a special, small dedicated group to spearhead an answer to Apple, within IBM but totally protected from the internal bureaucracy of a large corporation.
He stepped down from his position in 1981, remained a director until 1991.[3]
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 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 in Darien, Connecticut, on New Year's Day 2006.[2]
ReferencesEdit
^ abcdef"Frank Cary, life member of Corporation, dies". mit.edu. Retrieved December 11, 2019.
^ abc"Frank Cary, Past Chairman of I.B.M., Is Dead at 85". The New York Times. January 6, 2006. Retrieved December 11, 2019.
^ abc"Frank T. Cary". ibm.com. January 23, 2003. Retrieved December 18, 2019.
frank, cary, december, 1920, january, 2006, american, executive, businessman, cary, served, chairman, from, 1973, 1983, from, 1973, 1981, bornfrank, taylor, cary, 1920, december, 1920gooding, idahodiedjanuary, 2006, 2006, aged, darien, connecticuteducationuniv. Frank T Cary December 14 1920 January 1 2006 was an American executive and businessman Cary served as the Chairman of IBM from 1973 to 1983 and CEO from 1973 to 1981 Frank T CaryBornFrank Taylor Cary 1920 12 14 December 14 1920Gooding IdahoDiedJanuary 1 2006 2006 01 01 aged 85 Darien ConnecticutEducationUniversity of California Los Angeles BA Stanford University MBA Contents 1 Early life and education 2 Career 2 1 IBM 2 2 Boards and Committees 3 Personal life and death 4 References 5 External linksEarly life and education EditFrank Taylor Cary was born on December 14 1920 in Gooding Idaho 1 the son of Dr Frank T Cary and Ida Hayden 2 After a short period of his birth the family moved to Inglewood California 2 He earned a bachelor s degree from the University of California Los Angeles in 1943 then in 1948 earned his M B A from Stanford Graduate School of Business 1 3 Career EditIBM Edit 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 in 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 During his tenure as chief executive at IBM he presided over a period of rapid growth in product revenue and profit His most notable accomplishment was recognizing that the personal computer was going to be an emerging product category that could ultimately be a threat to IBM need quotation to verify Consequently he forced the creation of a special small dedicated group to spearhead an answer to Apple within IBM but totally protected from the internal bureaucracy of a large corporation He stepped down from his position in 1981 remained a director until 1991 3 Boards and Committees Edit Cary was Chairman of biotechnology company Celgene Corporation from 1986 to 1990 5 He was a member of the Steering Committee of the Bilderberg 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 of JP Morgan ABC Texaco and others He also served on boards of many nonprofit organizations including the American Museum of Natural History and Rockefeller University 1 Personal life and death EditHe 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 in Darien Connecticut on New Year s Day 2006 2 References Edit a b c d e f Frank Cary life member of Corporation dies mit edu Retrieved December 11 2019 a b c Frank Cary Past Chairman of I B M Is Dead at 85 The New York Times January 6 2006 Retrieved December 11 2019 a b c Frank T Cary ibm com January 23 2003 Retrieved December 18 2019 Computerworld March 10 1980 Frank Cary 85 led IBM through 1970s boston com January 8 2006 Retrieved December 11 2019 Former Steering Committee Members bilderbergmeetings org Bilderberg Group Archived from the original on June 30 2009 Retrieved February 8 2014 Frank Cary 67 IBM Head Instrumental in Push to Develop PCs Los Angeles Times January 5 2006 Retrieved December 15 2019 External links EditOfficial Biography on IBM websiteBusiness positionsPreceded byT Vincent Learson CEO of IBM1973 1981 Succeeded byJohn R Opel Retrieved from https en wikipedia org w index php title Frank T Cary amp oldid 1147834701, wikipedia, wiki, book, books, library,
