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 ...

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 ...

As the co-CEO of Ariel Investments, Mellody Hobson is one of the most powerful women in the world. In 2021, she became the first Black woman to chair an S&P 500 company when she accepted the ...

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 ...

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.

Ariel Investments president and co-CEO Mellody Hobson and Ariel Investments ‘Project Level’ managing partner Jason Wright join 'Squawk Box' to discuss the National Women's Soccer League ...