estee lauder companies-cl a
(EL:New York)

Executive Profile*

Background*

Ms. Mellody Louise Hobson has been the President of Ariel Capital Management, LLC since 2000. Ms. Hobson serves as the President of Ariel Investments, LLC. She has also been the President of Ariel Investment Trust - Ariel Fund and Ariel Appreciation Fund since 2002. She oversees the management, strategic planning, servicing its corporate, public and non–profit institutional clients as well as the marketing of the firm's four publicly traded mutual fund products: Ariel ... Fund, Ariel Appreciation Fund, Ariel Premier Growth Fund and Ariel Premier Bond Fund. Ms. Hobson was a Senior Vice President and Director of Marketing at Ariel Capital Management Inc., from 1994 to 2000 and served as its Vice President of Marketing from 1991 to 1994. Ms. Hobson has been the Chairman of the Board of Dreamworks Animation SKG Inc. (formerly, Dreamworks Animation Inc.) since October 25, 2012 and as its Director since October 2004. She has been Chairman at Ariel Investment Trust - Ariel Appreciation Fund and Ariel Fund since 2006 and its Director since 1993. She serves as a Director of World Business Chicago. She has been an Independent Director of Estee Lauder Companies Inc., since December 17, 2004 and Groupon, Inc. since June 22, 2011. She serves as Director at Chicago Public Education Fund and Chiocago Public Education Fund. She has been a Director of Ariel Capital Management, LLC., since 2000 and Starbucks Corporation since February 2005. She served as a Director of Tellabs Inc., from 2002 to April 21, 2005. She is a Member of Advisory Committee at U.S. Securities and Exchange Commission. She works with a variety of civil and professional institutions, including serving as a Director of the Chicago Public Library, Chicago Public Library Foundation She serves as a Board Member of Tellabs, 21st Century Charter School, Field Museum, The Sundance Institute, Chicago Public Federation Fund, Women's Business Development Council, YMCA of Metropolitan Chicago, Do Something, and St. Ignatius College Preparatory. She is a Trustee of Princeton University and a Term Member of the New York Council on Foreign Relations. In addition, she is a member of the Economic Club of Chicago and the Commercial Club of Chicago. Ms. Hobson's extensive media experience includes her role as a weekly financial contributor on ABC's “Good Morning America.”, the featured consumer finance expert on Tom Joyner's Money Mondays radio program, and a regular columnist for Black Enterprise. In 2004, the Wall Street Journal named her as one of its “50 Women to Watch”. In 2001, the World Economic Forum in Davos, Switzerland named her a Global Leader of Tomorrow (GLT), and Fortune Magazine recognized her as one of 25 “Next–Generation Global Leaders.” In 1999, Crain's Chicago Business named her as one of the city's young leaders in its annual “40 Under 40” feature. In the June 1998 issue, Working Woman Magazine named her one of its “20 Under 30.” In 1992, she was recognized by Ebony Magazine as one of the “30 Leaders of the Future.” 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.

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