Mellody Hobson Wants Less Talk and More Action When It Comes to Corporate Diversity

Mellody Hobson is tired of having the same conversations about the merits of diversity.

“There's a lot of good intention, but nothing's happening. There's a lot of conversation, but the needle isn't moving," the president of Ariel Investments told Fortune's Brainstorm Reinvent conference in Chicago on Tuesday.

"I've become this expert in diversity because I happen to be a woman and I happen to be black, but in my real life I run an investment firm,” she said. "When people call me and ask...

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