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 ...

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 ...

Ariel Investments celebrated its 40th anniversary last year with a transformation, says Mellody Hobson, 54, co-chief executive and president of the first Black-owned mutual fund firm in the U.S ...

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.

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 ...

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.

While a student at Princeton, Hobson worked as an intern at Ariel Investments. She became co-chief executive of the firm in 2019. Her Ted Talks provided inspiration to Vanessa Williams ...

If there’s anyone who could teach a class on being a boss, it’s Mellody Hobson. She's the co-CEO of Ariel Investments and the Chairwoman of Starbucks Corporation, making her the first Black ...