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Fortune

Phil Wahba

With the exits of Apple’s Tim Cook and Dow’s Jim Fitterling, the Fortune 500 is losing two groundbreaking gay CEOs—leaving just one

Jim Fitterling Tim Cook the Fortune 500 Apple Dow United States Sam Altman

(Credit: Justin Sullivan/Getty Images)

When Jim Fitterling of Dow and Tim Cook of Apple step down as CEOs in July and September respectively, the Fortune 500 will lose two widely respected leaders who led their companies through transformational eras.

The exits of the two men, who both identify as gay, will also mark a dispiriting step backward for LGBTQ+ representation in the C‑suite. After September, there will be only one out LGBTQ+ chief executive left in the Fortune 500: Land O’ Lakes’ Beth Ford. It’s a reminder of how the highest echelons of corporate America remain largely straight, white, and male—and how difficult it is to maintain gains in representation.

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