Short after serving the Army in World War II, Frank Taylor Cary (1920- 2006) joined IBM in 1948 as a marketing representative. By 1964 Cary became President of IBM's Data Processing Division and from 1973 through 1981 the company's Chief Executive Officer. He started in 1981 an independent business unit which would bring the IBM Personal Computer to the market.
Cary joined Rev. Leon Sullivan in 1975 to engage top American corporate leaders for an effort to end apartheid in South Africa. The meeting led to the creation of the Sullivan Principles, a code of conduct for companies operating in South Africa. The principles demanded the equal treatment of employees regardless of their race both within and outside of the workplace. In 1985 Cary headed the 12-member committee of Secretary of State George P. Shultz which advised him on policy toward South Africa. (source The New York Times, Dec 1, 1985)
Cary was a also member of the Steering Committee of the Bilderberg Group, a yearly private conference of people of the European and North American political elite, authorities from industry, finance, academia, and the media.
This 1978 IBM certificate for "less than 100 shares" is printed by the American Bank Note Company.
It contains a special anti-counterfeiting feature.
The pale brown rectangle printed below the serial number - left side - contains a latent image.
When the certificate is tilted and viewed against light falling at a shallow angle the word 'IBM' is revealed.