In the Margins

Mellody Hobson to be No. 2 on Starbucks board

June 5, 2018

By Fortune

Mellody Hobson, president of Ariel Investments, will become vice chair of the Starbucks board of directors following the departure of Executive Chairman Howard Schultz later this month. She has been a member of Starbucks’ board since 2005 and also has served on the boards of Estée Lauder, DreamWorks Animation, and Groupon. Myron Ullman, the former CEO of J.C. Penney, will take over as Starbucks’ chair. Read the original story from Fortune.

 

 

Most Read

10 Things
10 Things...to know about BDCs

Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...