• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

2

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

2

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
LeadershipFortune 500

4 Fortune 500 companies are led by openly LGBTQ CEOs. Here’s what they’ve said about their experience in corporate America

By
Paige McGlauflin
Paige McGlauflin
Down Arrow Button Icon
By
Paige McGlauflin
Paige McGlauflin
Down Arrow Button Icon
June 6, 2023, 6:00 AM ET
Apple CEO Tim Cook
Tim Cook became the first openly gay Fortune 500 CEO in 2014.Justin Sullivan—Getty Images
Add Fortune on Google for similar content.

Just 10 years ago, there were no openly LGBTQ Fortune 500 CEOs. That wouldn’t change until Apple CEO Tim Cook came out as gay in October 2014.

Recommended Video

“I don’t consider myself an activist, but I realize how much I’ve benefited from the sacrifice of others,” Cook penned in an essay for Bloomberg, published just eight months before the Supreme Court ruled same-sex marriage a constitutional right. Cook, who is infamously guarded about his personal life, hadn’t previously disclosed his sexuality publicly. “If hearing that the CEO of Apple is gay can help someone struggling to come to terms with who he or she is, or bring comfort to anyone who feels alone, or inspire people to insist on their equality, then it’s worth the trade-off with my own privacy.”

Now, nearly nine years later, three additional openly LGBTQ executives sit atop Fortune 500 companies: Dow Chemicals CEO Jim Fitterling, Macy’s CEO Jeffrey Gennette, and Land O’Lakes CEO Beth Ford. (French-American beauty company Coty, helmed since 2020 by Sue Nabi, who is transgender, has not appeared on the Fortune 500 since its 2021 rank at No. 426.)

These Fortune 500 execs are joined by other openly LGBTQ CEOs at major global companies. Anne Richards has led the U.K.-based investment management firm Fidelity International since December 2018, and entrepreneur Martine Rothblatt, who is transgender, is the founder and CEO of United Therapeutics, a publicly traded biotech company that brought in $1.94 billion in revenue in 2022.

While corporate America has made strides, albeit meager, toward LGBTQ representation in the near decade since Cook’s Bloomberg essay, it’s far from an inclusive space for these employees. A recent Indeed survey on the LGBTQ worker experience found that only 30.7% of respondents are fully out at work (defined as out to everyone in the workplace). Those who aren’t out cited fear of discrimination as a top reason for not disclosing.

While it’s not a fix-all for LGBTQ inclusion in the workplace, many CEOs have recognized the significance of disclosing their LGBTQ identity. “I made a decision long ago to live an authentic life, and if my being named CEO helps others do the same, that’s a wonderful moment,” Land O’Lakes’ Ford told CNN in 2018, the same year she became CEO. 

Below are the four openly LGBTQ CEOs leading Fortune 500 companies:

Tim Cook

Company: Apple Inc.

Tenure: Since August 2011

2023 rank: No. 4

Cook has said he has “no regrets” about coming out in 2014. In the years since, he’s spoken on LGBTQ issues and publicly expressed concern over anti-LGBTQ bills. Apple has also lobbied against recent anti-LGBTQ laws in Iowa, Florida, and Texas.

Jim Fitterling

Company: Dow Inc.

Tenure: Since September 2018

2023 rank: No. 75

Fitterling was named CEO of the material sciences company in March 2018, following its spinoff as an independent company from the Dow DuPont merger in 2017. A Dow employee since 1984, Fitterling first came out to close colleagues after a cancer diagnosis in 2008. He then came out to all employees in 2014. “I was going through several surgeries, a year’s worth of chemo,” he told Bloomberg in 2019. “I started to look around and say, ‘You know, I’m going to have to make some changes in my life.’ And one day, I was thinking about a lot of stresses that I needed to reduce and one of them was trying to live two different lives.”

Jeffrey Gennette

Company: Macy’s

Tenure: Since March 2017

2023 rank: No. 158

Gennette has been out professionally since his first day at Macy’s on July 5, 1983. He recalls people warning him that being openly gay could be a “deterrent” to his career and received advice from a mentor to “be less transparent” about his sexuality if he wanted to get ahead in his career. He refused to heed the advice and still rose through the ranks, becoming chief merchandising officer in 2009 and president in 2014, before his current title. Gennette announced earlier this year that he plans to retire in February 2024. 

Beth Ford

Company: Land O’Lakes

Tenure: Since August 2018

2023 rank: No. 213

Ford became the first openly gay woman to lead a Fortune 500 company upon her appointment as CEO of the Minnesota-based food and agriculture company in August 2018. She was previously chief operating officer at Land O’Lakes and held executive roles at Scholastic, Hachette Book Group, and International Flavors and Fragrances. Ford, married to Minnesota State Board of Investment executive director and chief investment officer Jill Schurtz, has been out her entire professional life. She’s been named to every Fortune Most Powerful Women list since 2018, coming in at No. 31 last year.

About the Author
By Paige McGlauflin
LinkedIn icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Leadership

woman yellow shirt standing in front of ring light
SuccessSocial Media
Influencer marketing isn’t an experiment anymore as companies expand their creator advertising budgets
By Tatiana SatauaJuly 24, 2026
6 hours ago
dario
AIEconomics
Anthropic’s head of economics just explained why we haven’t seen a white-collar bloodbath — yet
By Nick LichtenbergJuly 24, 2026
7 hours ago
lebron
Arts & EntertainmentSports
LeBron James, the only billionaire currently active in the NBA, signs a minimum contract with the Philadelphia 76ers
By Catherina GioinoJuly 24, 2026
9 hours ago
Wealthy man in car
SuccessMillionaires
120 millionaires have signed a letter begging the British government to tax them more: ‘We can afford it’
By Emma BurleighJuly 24, 2026
10 hours ago
This CEO once bought a bankrupt furniture company for $80,000. At 95, he’s now given away millions
Successphilanthropy
This CEO once bought a bankrupt furniture company for $80,000. At 95, he’s now given away millions
By Sydney LakeJuly 24, 2026
10 hours ago
WPP’s sweeping restructure could save £500 million—the bigger challenge might be winning over workers 
C-SuiteWPP
WPP’s sweeping restructure could save £500 million—the bigger challenge might be winning over workers 
By Sam BirchallJuly 24, 2026
10 hours ago

Most Popular

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
Big Tech
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
By Sydney LakeJuly 23, 2026
2 days ago
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
Economy
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
By Eleanor PringleJuly 24, 2026
18 hours ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
1 day ago
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
2 days ago
Current price of oil as of July 24, 2026
Personal Finance
Current price of oil as of July 24, 2026
By Joseph HostetlerJuly 24, 2026
16 hours ago
Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet's business model
AI
Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet's business model
By Mia OsmonbekovJuly 23, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.