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Openly Gay CEO Sets Milestone as Bank Goes Public

Burgess became a Wall Street rarity when his Florida bank debuted on the stock exchange Thursday: an openly gay CEO of a publicly traded company.

Buried in pages of technical jargon outlining C1 Financial Inc.’s plans to go public is one word that chief executive Trevor Burgess finds particularly gratifying: “spouse.”

Jason Grenfell-Gardner is the openly gay CEO of IGI Laboratories Inc., a publicly traded pharmaceutical company based in New Jersey.

And PlanetOut Inc., a media and entertainment company, was public for a few years beginning in 2004 with an openly gay chief, said Todd Sears, founder of Out on the Street, an LGBT leadership organization.

But openly gay executives are still relatively rare in the corporate world. Even younger workers often hide their sexuality when embarking on their careers.

Read more: The Wall Street Journal

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