Frank T. Cary, Date of Birth, Date of Death

Frank T. Cary

American businessman

Date of Birth: 14-Dec-1920

Date of Death: 01-Jan-2006

Profession: businessperson

Nationality: United States

Zodiac Sign: Sagittarius

Frank T.
Cary (December 14, 1920, Gooding, Idaho – January 1, 2006, Darien, Connecticut) was an American executive and businessman.
Cary served as the chairman from 1973 to 1983 and CEO from 1973 to 1981 of IBM.
He was a member of the Steering Committee of the Bilderberg Group.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.
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. 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 University, the same year he joined IBM as a salesman in Los Angeles.He died at the age of 85, at his home in Darien, Connecticut, on New Year's Day 2006.