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 ...

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 ...

Rogers 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 ...

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 ...

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 ...

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.

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 ...