Why Tim Cook’s Coming Out Matters for Apple, and Business

Ellen. Anderson Cooper. Michael Sam. All three broke barriers by coming out in their respective industries – comedy, television news, and football. Now they’re joined by Apple CEO Tim Cook, who just announced that he’s “proud to be gay” and, in the process, became the first Fortune 500 CEO to come out. Earlier this year, two CEOs of publicly traded – yet much smaller – firms came out. But until Tim Cook’s statement, “don’t ask, don’t tell” reigned at the highest echelons of corporate America – almost shocking in 2014, given that 91% of Fortune 500 firms prohibit discrimination based on sexual orientation.

Read more at Harvard Business Review.