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Mellody Hobson Becomes First Black Woman To Chair Economic Club Of Chicago

Mellody Hobson is best known as the President of Ariel Investments a minority-owned investment firm where they have over $11 billion under asset management. She is a self-made multimillionaire. So it’s not surprising that she has been named Chairman of the Economic Club of Chicago making her the first black woman to hold this position.

Hobson was selected to be Chairman of the Economic Club of Chicago by that body’s sitting Chairman Ilene Gordon, who also made history as the Club’s first female Chairman.


The Economic Club of Chicago’s purpose is to bring together of the city’s business leaders. The Club prides itself on having a Board of Directors which mirrors the diverse nature of the city it serves.

Hobson, 48, is set to assume her new position July 1 and will join the board of 47 members, 16 of whom are women and 13 of whom are minorities, per president and CEO of the Economic Club, Donna Zarcone. Hobson has been a member of the Economic Club, which works to connect Chicago’s leaders, for almost 21 years

Hobson will bring so much to this position! Congratulations!


Written by PH

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