April 1st 2024.
At BLACK ENTERPRISE's annual Women Of Power Summit, businesswoman Mellody Hobson was awarded the prestigious Barbara Graves Award. The event, which took place over Easter weekend, recognized Hobson for her outstanding contributions in the business world. As the president and co-CEO of Ariel Investment Trust, one of the largest Black-owned asset management companies in the nation, Hobson has truly made a name for herself in the industry. It was only fitting that the award was presented to her by BE's CEO, Earl "Butch" Graves Jr.
Graves Jr. spoke highly of Hobson, stating that her passionate vision was instrumental in the creation of the Women of Power Summit. He also mentioned that her high standards and expectations continue to shape the event, and her resilient spirit still permeates throughout. In fact, Hobson's legacy lives on through her company, where the majority of leadership roles are held by women. And it is also evident in this event, where her powerful influence is still felt.
During the summit, Alva Adams-Mason took the stage to highlight Hobson's remarkable journey. From humble beginnings to becoming one of the most recognized and influential business voices in the nation, Hobson's success truly embodies the American dream. Adams-Mason, who is the Group Manager of Multicultural Business Alliance and Dealer Relations for Toyota Motor North America, praised Hobson for her unwavering focus in the business world. She also commended her for using her influence and status to make a positive impact on society, especially in the areas of financial empowerment, education, and diversity.
Hobson's story, including her upbringing on Chicago's South Side and her subsequent success in the finance industry, was also shared during the summit. Later, she took the stage to accept the Graves Award and express her gratitude. "I am so honored by this," said Hobson. "This conference is a celebration of women of power, and it really got me thinking. Early on in many women's careers, they don't see themselves as powerful. They believe that power comes from wealth, fame, or accomplishments. But I believe that no matter who you are or where you come from, you have power. Always."
In her acceptance speech, Hobson delved deeper into the concept of power. She reminded the audience that even someone like Rosa Parks, who may have seemed powerless, was able to make a significant impact for women after her. The 54-year-old emphasized that Black women's power should be held with a sense of lightness, but confidence, supportive relationships, and empathy are crucial for success.
Hobson concluded her speech by expressing her gratitude for the recognition. "This means a lot to me," she said. "I am filled with gratitude, appreciation, and inspiration, and that is a powerful feeling." Her words were a testament to her belief that true power comes from within and can be used to uplift others. As a successful businesswoman and leader, Hobson continues to inspire and empower women everywhere.
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