Princeton to honor Black alumna at college previously named for Woodrow Wilson

Hobson and the Hobson/Lucas Family Foundation made the lead gift for the new college. Construction will begin in 2023.

• "My hope is that my name will remind future generations of students — especially those who are Black and brown and the 'firsts' in their families — that they, too, belong," Hobson said in Princeton's announcement.
• "No one from my family had graduated from college when I arrived at Princeton from Chicago, and yet even as I looked up at buildings named after the likes of Rockefeller and Forbes, I felt at home."

The backstory: Hobson's "career as co-CEO of Ariel Investments began with a summer internship in 1989. She also ... serves on the boards of Starbucks and JPMorgan Chase. Previously, she served as a director of Estée Lauder and board chair of DreamWorks Animation SKG," Princeton said.