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 ...

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 ...

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 ...

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 ...

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.

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 ...

WASHINGTON, DC - DECEMBER 08: Mellody Hobson and George Lucas attend the 2024 Kennedy Center Honors at The Kennedy Center on December 08, 2024 in Washington, DC. (Photo by Taylor Hill/FilmMagic ...

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 ...