This year, Hobson added a new job to her résumé: She joined a group buying the Denver Broncos, making Hobson and eventual coinvestor Condoleezza Rice the first Black women to own an NFL team.

Broncos majority owner Greg Penner, co-owners Rob Walton and Carrie-Walton Penner and minority owner Condoleezza Rice were in attendance on Sunday. Minority owners Mellody Hobson and Lewis ...

Over the past four decades, Mellody Hobson has shattered glass ceilings. The businesswoman and investor joined Ariel Investments, the first Black-owned mutual fund company, as president for 20 ...

Today, Hobson serves as the co-CEO and president of Ariel Investments, overseeing a firm that manages more than $16.8 billion in assets. Under her leadership, Ariel has not only grown its ...

DENVER — Mellody Hobson is not sweating the $110 million ... In fact, Hobson, whose sports ownership portfolio includes the Broncos, White Sox, WNBA and League One Volleyball, believes the ...

Starbucks has announced the retirement of Mellody Hobson, who has served as lead independent director on its board of directors for almost two decades. Hobson joined the US coffee chain board in ...

Chicago business owner Mellody Hobson will step down from her position as lead independent director of Starbucks’ board of directors, the coffee giant said in a statement on its website.