Ariel's Mellody Hobson Calls Out Finance Chiefs on Diversity
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Mellody Hobson, president of mutual fund company Ariel Investments, called out the finance and business community for failing to make strides in diversity.
“The answer that we often get is, ‘We’re working on it’," Hobson told attendees Thursday at the New York Times DealBook Conference in New York. The response is fair, she explained, "unless you’ve been saying it for a very long time."