John W. Rogers, Jr.
Chairman, Co-CEO & Chief Investment Officer
Lead Portfolio Manager
Ariel Small Cap Value, Ariel Small/Mid Cap Value, Ariel Mid Cap Value and Ariel Appreciation Fund
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.
Co-CEO & President
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 extends weekly money tips on the Tom Joyner Morning Show and 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.