Democratic businessman Stephen Cloobeck has exited the race for California governor, endorsing fellow Democrat Eric Swalwell, who recently announced his candidacy. Cloobeck shared his decision on November 24, 2023, via social media, stating that he believes Swalwell is the most qualified candidate for the position.
In his announcement, Cloobeck expressed confidence in Swalwell’s leadership capabilities, saying, “I only ran for Governor because I believed none of the other candidates were capable of doing the job.” He went on to highlight his experiences with prominent leaders, including former Presidents Barack Obama and Bill Clinton, which informed his decision. Cloobeck emphasized that stepping aside to support Swalwell was the best course of action.
Swalwell officially launched his campaign on November 20, 2023, citing rising costs and public fear as key motivators for his run. He declared his intentions to be “California’s fighter and protector,” pointing to challenges facing the state, including increased militarization and cuts to vital programs. In his statement, Swalwell criticized the current political climate, asserting, “Our state is under attack.”
Cloobeck has a notable background in business and philanthropy, having founded and previously served as CEO of Diamond Resorts. With over 40 years of experience in the hospitality industry, he gained public attention after appearing on the reality television show Under Cover Boss. His previous roles include serving as chairman of the board for Brand USA Inc. and participating in the Standing Committee on Judicial Ethics and Election Practices in 2004.
The exit of Cloobeck from the race narrows the field for the 2026 gubernatorial election in California. His support for Swalwell could potentially bolster Swalwell’s campaign, as both candidates share Democratic values and objectives.
As the political landscape continues to evolve ahead of the election, Cloobeck’s endorsement marks a significant moment in the race, reflecting the importance of unity among Democratic candidates. The focus now shifts to Swalwell as he seeks to rally support and address the pressing issues facing California.
