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Mellody Hobson Ends 20-Year Board Tenure At Starbucks And Vows To Remain A ‘Steadfast Investor’
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 ...
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What Is CEO and Businesswoman Mellody Hobson’s Net Worth in 2025?
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 ...
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Mellody Hobson to retire from Starbucks board after 20 years
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 ...
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Chicago business owner Mellody Hobson to step down as lead independent director at Starbucks
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.
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How Mellody Hobson’s journey to co-CEO at $14.9 billion Ariel Investments began with a payphone call from a basement at Princeton
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 ...
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Mellody Hobson to step down as lead independent director at Starbucks
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.