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Mutual Fund Board of Trustees

Our Board of Trustees brings perspective, deep experience and guidance to each board meeting. They are committed to protecting the interests of our shareholders.


William C. Dietrich

Lead Independent Trustee
Retired Executive Director
Shalem Institute for Spiritual Formation, Inc.
Bill is the retired executive director and current adjunct faculty member for the Shalem Institute for Spiritual Formation, Inc., an ecumenical institute offering programs in spiritual leadership and growth for both clergy and lay persons. He is also co-director of Companioning the Dying, Inc, a not-for-profit organization offering programs and support for hospice and other end-of-life caregivers in the Mid-Atlantic region. Bill is a former Certified Public Accountant and corporate chief financial officer and holds a BS in accounting from Georgetown University.
Mellody Hobson

Mellody Hobson

Chairman of the Board of Trustees
Ariel Investment Trust
Co-CEO & President
Ariel Investments

As Co-CEO, Mellody is responsible for all firm-wide management, including strategic planning and growth as well as every aspect of Ariel’s business beyond research and portfolio management. Prior to her formal appointment to Co-CEO, Mellody served as Ariel’s President for nearly two decades and functions as chairman of the board of trustees for Ariel Investment Trust. Beyond her work at Ariel, Mellody has become a nationally recognized voice on financial literacy and investor education. She is a regular contributor and analyst on finance, the markets and economic trends for CBS News. She also pens a column for Black Enterprise magazine. As a passionate advocate for investor education, she is a spokesperson for the Ariel/Hewitt Study: 401(k) Plans in Living Color and the Ariel Black Investor Survey, both of which examine investing patterns among minorities. Mellody’s leadership has not only been invaluable to Ariel but to corporate boardrooms as well. Specifically, she is vice chair of the Board of Starbucks Corporation, a director of JPMorgan Chase, and a director of Quibi, a short-form video content company. Previously, she was a long-standing board member of the Estée Lauder Companies and also held the position of Chairman of the Board of DreamWorks Animation until which time she facilitated its sale to Comcast. Mellody’s community outreach includes serving as chairman of After School Matters, a non-profit that provides Chicago teens with high-quality, out-of-school time programs. She is vice chair of World Business Chicago’s board of directors, co-chair of the Lucas Museum of Narrative Art, a board member of the George Lucas Education Foundation and LACMA, the Los Angeles County Museum of Art. She is also a member of the American Academy of Arts and Sciences, The Rockefeller Foundation Board of Trustees, and serves on the executive committee of the Investment Company Institute’s board of governors. Mellody earned her AB from Princeton’s Woodrow Wilson School of International Relations and Public Policy. In 2019, Mellody was awarded Princeton’s highest honor, the Woodrow Wilson Award, presented each year to the alumnus or alumna whose career embodies a commitment to national service. She has also received honorary doctorate degrees from Howard University, St. Mary’s College, University of Southern California and Johns Hopkins University.
Eric H. Holder, Jr.

Eric H. Holder, Jr.

82nd Attorney General of the United States
Eric Holder served as U.S. Attorney General from February 2009 to April 2015, the third longest serving AG in U.S. history and the first African American to hold that office. He is an internationally recognized leader across a broad range of regulatory enforcement, criminal justice, and national security issues. In 2014, Time magazine named him to its list of 100 Most Influential People. Eric, who was a partner at Covington & Burling from 2001 to 2009, rejoined the firm after working in the Obama Administration. He has served in government for more than thirty years, having been appointed to various positions requiring U.S. Senate confirmation by Presidents Obama, Clinton and Reagan. Eric received his BA from Columbia College in 1973 and his JD from Columbia Law School in 1976.
Christopher G. Kennedy

Christopher G. Kennedy

Joseph P. Kennedy Enterprises, Inc.
Chris is chairman of the Board of Trustees for Joseph P. Kennedy Enterprises, Inc. He is also founder and chairman of Top Box Foods. Chris serves on two public boards — Interface, Inc., where he chairs the Nominating and Governance Committee; and Knoll Inc., where he serves on the Compensation Committee. Additionally, Chris is treasurer of the Joseph P. Kennedy Jr. Foundation and is trustee for the Marine Biological Laboratory. He earned his BA from Boston College and his MBA from the J.L. Kellogg Graduate School of Management at Northwestern University, where he serves on the Global Advisory Board.

Kim Y. Lew, CFA®

Vice President and Chief Investment Officer
Carnegie Corporation of New York
Kim is vice president and chief investment officer at Carnegie Corporation of New York. In this capacity, she is responsible for the investment management and oversight of the foundation’s endowment. Prior to joining Carnegie, Kim worked at the Ford Foundation for 13 years in key research roles; her contributions led to her appointment as senior manager of private equity. She has also worked for the Eastern Regional office of Prudential Capital and in the Middle Market Banking Group of the former Chemical Bank. Kim serves on the Investment Committee of the Girl Scouts of America and the Steering Committee of the Private Equity Women Investor Network. In 1996, she was awarded her Chartered Financial Analyst designation. Kim earned her BS from the Wharton School of the University of Pennsylvania and her MBA from the Harvard Graduate School of Business.

William M. Lewis, Jr.

Managing Director and Co-Chairman of Investment Banking
Lazard Ltd.
As a senior executive at Lazard Ltd, Bill advises blue-chip clients on a broad range of corporate and financial issues including merger and acquisition activity and leveraged buyouts. Prior to joining the firm in 2004, he spent 24 years with Morgan Stanley in a variety of leadership positions, most recently as managing director and co-head of the firm’s Global Banking Department. Bill attended Harvard University where he earned both his undergraduate degree with honors and his MBA.

Stephen C. Mills

New York Knicks
Steve is President of the New York Knicks. Previously, he served as president and chief operating officer, MSG Sports of Madison Square Garden, L.P. In this capacity, he oversaw the business operations of Madison Square Garden’s three professional sports teams—the Knicks, Rangers, and Liberty, as well as all other sports-related activities of the Garden, including college basketball, boxing, and track and field. Prior to the Garden, Steve played an integral role in the NBA for over 16 years, including his tenure as senior vice president, basketball and player development. He was also instrumental in the creation of the Women’s National Basketball Association. He earned his degree in sociology from Princeton University.
John W. Rogers, Jr.

John W. Rogers, Jr.

Chairman, Co-CEO & Chief Investment Officer
Ariel Investments 
John’s passion for investing began at age 12 when his father began buying him stocks as Christmas and birthday gifts. His interest in equities grew at Princeton University, where he majored in economics, and over the two-plus years he worked as a stockbroker for William Blair & Company, LLC. In 1983, John founded Ariel to focus on patient, value investing within small- and medium-sized companies. While our research capabilities have expanded across the globe, patience is still the disciplined approach that drives the firm today. Early in his career, John’s investment acumen brought him to the forefront of media attention and culminated in him being selected as Co-Mutual Fund Manager of the Year by Sylvia Porter’s Personal Finance magazine as well as an All-Star Mutual Fund Manager by USA TODAY. Furthermore, John has been highlighted alongside legendary investors Warren Buffett, Sir John Templeton and Ben Graham in the distinguished book: The World’s 99 Greatest Investors by Magnus Angenfelt. His professional accomplishments extend to the boardroom where he is a member of the board of directors of McDonald’s, NIKE and The New York Times Company. John also serves as vice chair of the board of trustees of the University of Chicago. Additionally, he is a member of the American Academy of Arts and Sciences, and a director of the Robert F. Kennedy Center for Justice and Human Rights. In 2008, John was awarded Princeton University’s highest honor, the Woodrow Wilson Award, presented each year to the alumnus or alumna whose career embodies a commitment to national service. Following the election of President Barack Obama, John served as co-chair for the Presidential Inaugural Committee 2009, and more recently, he joined the Barack Obama Foundation’s Board of Directors. John received an AB in economics from Princeton University, where he was also captain of the varsity basketball team.
Jim Williams

James M. Williams

Vice President and Chief Investment Officer
J. Paul Getty Trust
As vice president and CIO of the J. Paul Getty Trust, Jim is responsible for the endowment which underwrites the Trust’s art museum, acquisitions, grants and art conservation activities. Previously, he served as president of Harbor Capital Advisors and the Harbor Mutual Funds. He also spent nearly thirty years with Ford Motor Company, most recently managing the company’s pension plan. Jim serves on the board of SEI Mutual Funds, where he is Lead Independent Director. He holds a BS in engineering from the University of Michigan and earned an MBA in finance from The University of Chicago.
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