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 ...

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.

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 ...

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 is the president of Ariel Investments. In this role, she is responsible for managing the firm’s business operations, development, and strategic initiatives. In addition, Hobson serves ...