From Intern to Co-CEO: The Remarkable Journey of Mellody Hobson at Ariel Investments

by Gee NY

The story of Mellody Hobson, co-CEO of Ariel Investments, and her remarkable journey from her humble beginnings as an intern to her current leadership role at one of the nation’s prominent investment firms is the stuff of legends!

Hobson’s journey began in 1991 when she joined Ariel Investments after a transformative experience during a job interview process in New York City.

Recognizing the opportunity to work directly with John W. Rogers Jr., the founder of Ariel Investments, she seized the chance to learn from him, viewing him as a respected mentor.

Over the years, Hobson’s dedication and expertise propelled her through the ranks, leading to her appointment as president, a position she held for 20 years.

In 2019, she further solidified her impact on the company by assuming the role of co-CEO.

The strong bond between Hobson and Rogers, built on mutual respect and camaraderie, has been integral to Ariel Investments’ success.

This relationship is highlighted in the documentary “Ariel at 40,” released in February 2024, which chronicles the firm’s perseverance and achievements over the years.

Hobson’s journey serves as an inspiration, illustrating the transformative power of dedication, mentorship, and hard work in achieving professional success.

As co-CEO of Ariel Investments, she continues to make strides in the finance industry, paving the way for future leaders and breaking barriers along the way.

Hobson is also the chairwoman of Starbucks Corporation. She is the former chairwoman of DreamWorks Animation, having stepped down after negotiating the acquisition of DreamWorks Animation SKG, Inc., by NBCUniversal in August 2016.

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