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Mellody Hobson has served as the president and a director of Ariel Capital Management, LLC, a Chicago-based investment management firm, since 2000. She is also the president of Ariel Investment Trust, an open-end management investment company, and has served as a trustee since 1993. She previously served as senior vice president and director of marketing at Ariel Capital Management, Inc. from 1994 to 2000, and as vice president of marketing at Ariel Capital Management, Inc. from 1991 to 1994. Ms. Hobson is a graduate of Princeton University where she received a Bachelor of Arts from the Woodrow Wilson School of International Relations and Public Policy. Ms. Hobson works with a variety of civil and professional institutions, including serving as a director of the Chicago Public Library as well as its foundation and as a board member of the Field Museum and the Chicago Public Education Fund. She has also served on the board of directors of Estee Lauder Inc. and Starbucks Corporation since 2004 and 2005, respectively. In 2002, Esquire Magazine named Ms. Hobson as one of America ’s Best and Brightest emerging leaders. | 