IBM Ex-CEO Cary Dies

Cary was a founding member of Celgene's board of directors.
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Frank T. Cary, the chief executive of

IBM

(IBM) - Get Report

for much of the 1970s, has died. He was 85 years old.

He started working for IBM in 1948, and he was the computer hardware giant's top corporate officer from 1973 to 1981.

Cary was also a founding member of

Celgene's

(CELG) - Get Report

board of directors and chairman of the company's executive committee.

"Mr. Cary served continuously as a director since 1987 and played an influential role in the growth and development of Celgene. We will miss his leadership and guidance," the company said in a regulatory filing Tuesday.

Cary also served on the boards of biotech firms

ICOS

(ICOS)

and

Vion Pharmaceuticals

(VION)

.

Additionally, he was a director at

Cygnus Therapeutic Systems

, a maker of transdermal drug-delivery technologies, as well as at the respiratory therapy company

Lincare

(LNCR)

and computer printer and software maker

Lexmark International

(LXK)

.