Wednesday, July 11, 2012

Ariel Investments President Mellody Hobson Appointed as After School Matters Board Chair


Late founder Maggie Daley's children to join organization's board of directors and advisory board

CHICAGO, IL - The Board of Directors of After School Matters, the nonprofit organization that provides high quality, out-of-school time opportunities for Chicago high school teens in the arts, communications, science, sports and technology, announced today that Ariel Investments President Mellody Hobson will serve as the organization's new chairman, a position that had been vacant since the passing of its founder Maggie Daley in November of last year.

Additionally, it was announced that Nora Daley Conroy will join the organization's board of directors and Patrick Daley will join its advisory board, carrying on their mother's legacy of ensuring that Chicago teens have opportunities to develop their talents and gain critical skills for work, college and beyond.

In announcing these appointments, Roger J. Kiley, Jr., vice chairman of After School Matters Board of Directors, expressed great confidence about the future of the 21-year-old nonprofit organization. “Mellody’s strong financial leadership and managerial skills are just what we need to sustain the vitality of our organization and ensure that we continue to fulfill our vision to help Chicago teens discover their potential and find their path to a meaningful life,” said Kiley. “I know that Mellody and our new CEO, Dr. Mary Ellen Caron, will help our organization grow and expand to meet the needs of even more Chicago teens.”

Beyond her work at Ariel, Hobson serves as chairman of the board of trustees for Ariel Investment Trust. Hobson currently serves as a director of DreamWorks Animation SKG, Inc., The Estée Lauder Companies Inc., Groupon, Inc. and Starbucks Corporation. She also serves on the boards of various civic organizations, including the Field Museum, the Chicago Public Education Fund and the Sundance Institute. A nationally-recognized expert on financial literacy and investor education, Hobson is also a regular contributor on ABC's "Good Morning America." Hobson earned her AB degree from Princeton's Woodrow Wilson School of International Relations and Public Policy. She also received an honorary doctorate degree in humanities from Howard University.

In her role as board chairman, Hobson will be responsible for engaging and cultivating new board members; expanding the organization's donor base to include major private gifts and individual donors; and providing strong support for After School Matters leadership in their efforts to expand access to and continue to improve the quality of the organization's programs.

“I am proud and honored to step into the role of chair of the After School Matters board. I recognize that, as the first and only person after Maggie Daley to serve in this position, I have big shoes to fill. But, I share Mrs. Daley's vision of helping young people and will work to preserve and protect her legacy,” said Hobson. “The future of our teens is important to Chicago and its corporate community. They are our future workforce and we have a vested interest in supporting their growth and cultivating their talents.”

About After School Matters®

Founded in 1991 by former Chicago First Lady Maggie Daley, who served as its Board chairperson until her passing in 2011, After School Matters® is a nonprofit organization that offers Chicago high school teens high quality, out-of-school time opportunities to explore and develop their talents, while gaining critical skills for work, college and beyond. Over the past two decades, more than 100,000 teens have participated in our hands-on, project-based arts, communications, science, sports, and technology programs at Chicago public high schools, community locations across the city and Downtown at Gallery 37 Center for the Arts. After School Matters programs are developed and delivered through a network of public and private partnerships, including Chicago Public Schools, the Chicago Park District, the Chicago Public Library and a wide range of community organizations.

Multiple independent studies and recent data analyses have confirmed that teens who participate in After School Matters apprenticeship programs have fewer course failures, better attendance and higher high school graduation rates. Learn more at http://www.afterschoolmatters.org/.

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