Mellody Hobson (born April 3, 1969) is an American businesswoman who is President and co-CEO of Ariel Investments, and the chairwoman of Starbucks Corporation. She is the former chairwoman of DreamWorks Animation, having stepped down after negotiating the acquisition of DreamWorks Animation SKG, Inc., by NBCUniversal in August, 2016. In 2017, she became the first African-American woman to head The Economic Club of Chicago. She was also named to chair the board of directors of Starbucks in 2021, making her one of the highest profile African American corporate directors.