Ariel Investments President Mellody Hobson was named vice chair at Starbucks after Executive Chairman Howard Schultz announced his June 26 departure last week.
She joined Starbucks’ board in 2006.
In April, Hobson was in the news when she joined the board of directors at JP Morgan Chase.
“Mellody Hobson is one of the most highly respected and knowledgeable leaders in business today, with valuable experience in corporate governance, financial markets, communications and leadership. We are extremely fortunate to attract such an outstanding director to our firm, and we are looking forward to working with Mellody and learning from her,” Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase, said of her newfound board membership.
Hobson’s work with civic, non-profit and professional organizations includes acting as a director of the Chicago Public Education Fund; chairman of After School Matters, which provides Chicago teens with high quality out-of-school time programs; director of the Economic Club of Chicago; and board member of the George Lucas Education Foundation, among others.
Hobson is a graduate of Princeton University and considered an expert on matters of personal finance, often speaking on panels and featured on television news shows.