Starbucks has announced the retirement of Mellody Hobson, who has served as lead independent director on its board of directors for almost two decades. Hobson joined the US coffee chain board in 2005, ...

Starbucks’ Lead Independent Director, Mellody Hobson, is stepping down from her post after nearly 20 years with the coffee giant. On Thursday, the company announced Hobson’s exit just days ...

In 2021, Hobson launched Ariel Alternatives, LLC, leading to a $1.45 billion raise for its private equity fund, Project Black. This initiative aims to support both non-minority-owned middle-market ...

Chicago business owner Mellody Hobson will step down from her position as lead independent director of Starbucks’ board of directors, the coffee giant said in a statement on its website.

Mellody Hobson served as chair of the Starbucks board from March 2021 to September 2024. (Amy Harris/Invision/Associated Press) The lead independent director and ...

Starbucks has announced the retirement of Mellody Hobson, who has served as lead independent director on its board of directors for almost two decades. Hobson joined the US coffee chain board in ...