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Mellody Hobson
Mellody Louise Hobson Lucas (née Hobson; born April 3, 1969) is an American businesswoman who is president and co-CEO of Ariel Investments, and former chair of Starbucks. She is the former chairman of DreamWorks Animation, having stepped down after negotiating the acquisition of DreamWorks Animation SKG, Inc., by NBCUniversal in August 2016. In 2017, she became the first African-American woman to head The Economic Club of Chicago. On December 26, 2020 it was announced she would become chair of Starbucks in 2021, thus becoming the first black woman to chair an S&P 500 company, making her one of the highest profile corporate directors in the US. She continued in the role of chair until August 2024.
As of 2020, she is listed as #94 in Forbes list of the World's 100 Most Powerful Women.
Hobson was born on April 3, 1969, in Chicago, as the youngest of six children. Hobson grew up in a household where there was often not enough money to pay the rent or make the car payment. Experiences like this made understanding money, she said, “something that gnawed at me. I wanted to have a different life.”
Hobson graduated from St. Ignatius College Prep in Chicago in 1987, and from Princeton University in 1991. At Princeton, Hobson was a member of the Cottage Club.
After her graduation from Princeton, Hobson joined Ariel Investments, a Chicago investment firm that manages over $14 billion in assets, as an intern. She rose to become a senior vice president and director of marketing. In 2000, she became the company's president. Ariel Investments is one of the largest African American-owned money management and mutual fund companies in the US. She was a contributor to financial segments on Good Morning America and CBS This Morning for many years.
Hobson is also chairman of the board of trustees of Ariel Investment Trust and formerly a spokesperson for the annual Ariel/Schwab Black Investor Survey.
Hobson is on the board of many organizations, including JPMorgan Chase & Co. and the Lucas Museum of Narrative Art. She is also on the board of directors of the Starbucks Corporation, and formerly of The Estée Lauder Companies Inc. Hobson has been acclaimed in selections such as Time's 2015 Time 100 List, the magazine's annual list of the one hundred most influential people in the world)., Ebony magazine's "20 Leaders of the Future" (1992), Working Women Magazine's "20 Under 30" (1992), the World Economic Forum's "Global Leaders of Tomorrow" (2001), Esquire's "America's Best and Brightest" (2002), and The Wall Street Journal's 50 "Women to Watch" (2004).
Hobson created and hosted a show on ABC on May 29, 2009, called Unbroke: What You Need to Know About Money, featuring celebrities such as the Jonas Brothers, Oscar the Grouch and Samuel L. Jackson.
Mellody Hobson
Mellody Louise Hobson Lucas (née Hobson; born April 3, 1969) is an American businesswoman who is president and co-CEO of Ariel Investments, and former chair of Starbucks. She is the former chairman of DreamWorks Animation, having stepped down after negotiating the acquisition of DreamWorks Animation SKG, Inc., by NBCUniversal in August 2016. In 2017, she became the first African-American woman to head The Economic Club of Chicago. On December 26, 2020 it was announced she would become chair of Starbucks in 2021, thus becoming the first black woman to chair an S&P 500 company, making her one of the highest profile corporate directors in the US. She continued in the role of chair until August 2024.
As of 2020, she is listed as #94 in Forbes list of the World's 100 Most Powerful Women.
Hobson was born on April 3, 1969, in Chicago, as the youngest of six children. Hobson grew up in a household where there was often not enough money to pay the rent or make the car payment. Experiences like this made understanding money, she said, “something that gnawed at me. I wanted to have a different life.”
Hobson graduated from St. Ignatius College Prep in Chicago in 1987, and from Princeton University in 1991. At Princeton, Hobson was a member of the Cottage Club.
After her graduation from Princeton, Hobson joined Ariel Investments, a Chicago investment firm that manages over $14 billion in assets, as an intern. She rose to become a senior vice president and director of marketing. In 2000, she became the company's president. Ariel Investments is one of the largest African American-owned money management and mutual fund companies in the US. She was a contributor to financial segments on Good Morning America and CBS This Morning for many years.
Hobson is also chairman of the board of trustees of Ariel Investment Trust and formerly a spokesperson for the annual Ariel/Schwab Black Investor Survey.
Hobson is on the board of many organizations, including JPMorgan Chase & Co. and the Lucas Museum of Narrative Art. She is also on the board of directors of the Starbucks Corporation, and formerly of The Estée Lauder Companies Inc. Hobson has been acclaimed in selections such as Time's 2015 Time 100 List, the magazine's annual list of the one hundred most influential people in the world)., Ebony magazine's "20 Leaders of the Future" (1992), Working Women Magazine's "20 Under 30" (1992), the World Economic Forum's "Global Leaders of Tomorrow" (2001), Esquire's "America's Best and Brightest" (2002), and The Wall Street Journal's 50 "Women to Watch" (2004).
Hobson created and hosted a show on ABC on May 29, 2009, called Unbroke: What You Need to Know About Money, featuring celebrities such as the Jonas Brothers, Oscar the Grouch and Samuel L. Jackson.
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