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Apple director Jerry York, 71, dies

The former CFO of IBM and Chrysler was hospitalized Tuesday night after collapsing at his home. He sat on Apple's board for 13 years.

Apple board member Jerome B. (Jerry) York has died, Apple announced Thursday.

York, 71, was hospitalized Tuesday night after suffering a massive cerebral hemorrhage.

He sat on Apple's board for 13 years, and was also the chairman, president, and CEO of Harwinton Capital. Previously he held the position of CFO at both IBM and Chrysler.

"Jerry joined Apple's Board in 1997 when most doubted the company's future. He has been a pillar of financial and business expertise and insight on our Board for over a dozen years," said Steve Jobs, Apple's CEO, in a statement Thursday. "It's been a privilege to know and work with Jerry, and I'm going to miss him a lot."

York was born in Memphis, Tenn., in 1938. He graduated from the United States Military Academy, and received master's degrees from the Massachusetts Institute of Technology and the University of Michigan.