Mellody Hobson, 54, grew up in a single-parent, low-income household. Her mother's money habits made her financially anxious at a young age. "There was just a shortage at all times. We would get ...
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How Mellody Hobson’s journey to co-CEO at $14.9 billion Ariel Investments began with a payphone call from a basement at PrincetonRogers Jr. in 1983, when he was just 24 years old. He's now co-CEO along with Mellody Hobson, who joined the company right after graduating college in 1991. Headquartered in Chicago, with offices ...
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Mellody Hobson Ends 20-Year Board Tenure At Starbucks And Vows To Remain A ‘Steadfast Investor’In 2021, Hobson launched Ariel Alternatives, LLC, leading to a $1.45 billion raise for its private equity fund, Project Black. This initiative aims to support both non-minority-owned middle-market ...
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