CHICAGO--(BUSINESS WIRE)--Today Groupon (http://www.groupon.com) announced the election of Mellody Hobson to the company’s Board of Directors. Mellody is president of Ariel Investments, a Chicago-based money management firm serving institutional clients and individual investors; she also serves as chairman of the board of trustees for Ariel’s no-load mutual funds.
Beyond her work at Ariel, Mellody has become a nationally recognized voice on financial literacy and investor education. Specifically, she is a regular financial contributor on Good Morning America, the featured consumer finance expert on Tom Joyner’s Money Mondays radio program and a regular columnist for Black Enterprise. Mellody is a director of three public companies: DreamWorks Animation SKG, Inc., The Estée Lauder Companies Inc. and Starbucks Corporation. In addition, she serves on the boards of various civic organizations including The Field Museum, The Chicago Public Education Fund and the Sundance Institute.
"Mellody is an advocate for savvy consumer spending and educated business decisions," said Andrew Mason, CEO. "We expect her insights to be invaluable as we continue to serve merchants and customers worldwide."
Mellody is a graduate of Princeton University where she received her AB degree from the Woodrow Wilson School of International Relations and Public Policy.
Groupon, launched in November 2008 in Chicago, features a daily deal on the best stuff to do, eat, see and buy in 43 countries around the world. Groupon uses collective buying power to offer huge discounts and provide a win-win for business and consumers, delivering more than 1,000 daily deals globally. To subscribe for the best deals in your city, visit http://www.groupon.com. To learn how to become a featured business, visit http://www.grouponworks.com.
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