Mellody Hobson (born April 3, 1969) is an American businesswoman who is the chairwoman of Starbucks Corporation and the president and co-CEO of Ariel Investments. She stepped down as DreamWorks Animation’s chairwoman in August 2016 after negotiating the sale of DreamWorks Animation SKG, Inc. by NBCUniversal. She became The Economic Club of Chicago’s first African-American female president in 2017. She was also named chair of the Starbucks board of directors in 2021, making her one of the most well-known corporate directors.
She is ranked #94 on Forbes’ list of the World’s 100 Most Powerful Women as of 2020. She was named chairwoman of Starbucks Corporation on December 26, 2020, making her the first black woman to lead an S&P 500 corporation.
Early Years of Mellody Hobson
Mellody Hobson, an American businesswoman, is the chairwoman of Starbucks Corporation and the president and co-CEO of Ariel Investments. She was born on April 3, 1969. After completing the sale of DreamWorks Animation SKG, Inc. to NBCUniversal, she stepped down as chairwoman of DreamWorks Animation in August 2016.
In 2017, she became the first African-American female president of The Economic Club of Chicago. In 2021, she was also named chair of the Starbucks board of directors, making her one of the company’s most well-known directors.
The Career of Mellody Hobson
After studying Hobson’s TED talks, Vanessa L. Williams based her character, self-made businesswoman Courtney Paige, on her in the American television drama The Good Wife. In 2017, Hobson became the first African-American woman to lead the Chicago Economic Club.
On August 6, 2017, Hobson participated as a guest host on CBS Sunday Morning’s annual “Money Issue” program. On June 4, 2018, Hobson was chosen Vice-Chair of Starbucks Corporation. After sitting on the finance committee, she was elected to chair the board of directors in 2020. Mellody Hobson was designated a Laureate of The Lincoln Academy of Illinois in 2018, and Governor Bruce Rauner presented her with the Order of Lincoln, Illinois’ highest honor.
On October 8, 2020, Mellody Hobson and the Hobson/Lucas Family Foundation made the initial gift to establish a new residential college at Princeton University. Hobson College will be Princeton’s first residential college named after a Black woman and will be built on the site of First College, formerly known as Wilson College.
Mellody Hobson joined an ownership group chaired by S. Robson Walton to become a part-owner of the Denver Broncos of the National Football League on June 7, 2022.
Mellody Hobson’s Net Worth and Salary Are as Follows
Mellody Hobson is a wealthy American entrepreneur with a net worth of $100 million. Mellody became well-known in the United States after marrying wealthy filmmaker George Lucas in 2013.
Mellody Hobson is a graduate of Princeton University’s Woodrow Wilson School of Public and International Affairs. She was born in Chicago, Illinois. She rose through the ranks of Ariel Investments, LLC to become Senior Vice President and Director of Marketing. In 2000, she was elected President, and she was in charge of over $3 billion in assets. She is the Chairman of Ariel Mutual Funds’ Board of Trustees and serves on the boards of several organizations, including the Sundance Institute and the Chicago Public Library.
She also serves on the boards of directors for Starbucks, Groupon, and Estee Lauder. She is the Chairman of Dreamworks Animation SKG, Inc. and frequently appears on “Good Morning America” as a guest pundit. In 2004, she was designated one of the “50 Women to Watch” by the Wall Street Journal.
Mellody was part of a group of investors led by Walmart heir Rob Walton that successfully bid $4.65 billion for the NFL’s Denver Broncos in June 2022.
Mellody Hobson and her spouse married at the Skywalker Ranch in Marin County, California. Hobson married George Lucas, a director, and producer, in 2013. “Everest Hobson Lucas,” their surrogate daughter, was born in August 2013 and is their sole child. What she has gone through in the past has no bearing on anyone else’s future.
She earlier stated that she wanted to help individuals with their financial worries in whatever way she could. Hobson has been named a Laureate of the Lincoln Academy of Illinois and a member of Time 100, the magazine’s annual list of the 100 most influential people in the world, by one of the world’s most powerful people. She has been named to Ebony Magazine’s “20 Leaders of the Future” list, as well as a number of other publications.
Ms. Hobson Jpm Stock Insider Trading Sec Form 4
According to the SEC’s Form 4, Mellody has made over 34 trades in JPMorgan Chase & Co stock since 2006. She most recently purchased 670 JPM stock units valued at $100,286 on January 18, 2022.
On August 19, 2013, she purchased 141,573 units of JPMorgan Chase & Co shares for a total value of $9,995,054. Mellody has traded 4,211 units every 32 days on average since 2005. She still owns at least 18,295 shares of JPMorgan Chase & Co as of January 18, 2022.
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