Jim Stewart on Tim Cook’s Coming Out

The New York Times‘s Jim Stewart on Apple Chief Executive Tim Cook, who said in a BloombergBusinessweek essay published last week that he’s gay:

Tim Cook’s declaration on Thursday that “I’m proud to be gay” made him the first publicly gay chief executive of a Fortune 500 company. But Mr. Cook isn’t just any chief executive. And Apple isn’t any company. It’s one of the most profitable companies in the Fortune 500 and ranks No. 1 on the magazine’s annual ranking of the most admired companies.

As Lloyd Blankfein, the chief executive of Goldman Sachs, put it, “He’s chief executive of the Fortune One. Something has consequences because of who does it, and this is Tim Cook and Apple. This will resonate powerfully.”

Trevor Burgess, the openly gay chief executive of C1 Financial in Florida, and one of the first publicly gay chief executives of a public company, said Tim Cook used “the metaphor of laying a brick on the ‘path towards justice.’ ” But, “This is more like 600 million bricks,” Mr. Burgess said. “He has the most influential voice in global business.”

Worth a read.

Published by Newley

Hi. I'm Newley Purnell. I cover technology and business for The Wall Street Journal. I use this site to share my stories and often blog about the books I'm reading, tech trends, sports, travel, and our dog Ginger. For updates, get my weekly email newsletter.

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