Mellody Hobson is a prominent figure in the finance industry, currently serving as Co-CEO and President of Ariel Investments, a leading money management firm based in Chicago. In her role, she oversees management, strategic planning, and growth initiatives across the firm, ensuring that Ariel remains at the forefront of investment innovation. Hobson’s leadership has been instrumental in expanding the firm’s reach and enhancing its reputation in the financial sector.

Prior to her appointment as Co-CEO, Hobson dedicated nearly two decades to her role as President of Ariel Investments. During this time, she played a crucial role in developing the firm’s investment strategies and fostering relationships with clients. Her commitment to financial literacy and education has also made her a sought-after voice in the media, where she regularly shares insights on economic trends and investment strategies.

In 2021, Hobson co-founded Ariel Alternatives, LLC, a venture focused on private equity investing with a mission to support minority-owned businesses. The initiative’s flagship fund, Project Black, aims to empower sustainable minority enterprises to become Tier 1 suppliers for Fortune 500 companies, promoting economic growth and diversity in the corporate landscape.

Beyond her work at Ariel, Hobson is a respected leader on corporate boards, advocating for diversity and inclusion in the business world. Her contributions to finance and investment have not only advanced her firm but have also made a significant impact on the broader community, positioning her as a trailblazer in the industry.