Arne Duncan

Former Obama adviser Valerie Jarrett joins Ariel Investments board

Former Obama adviser Valerie Jarrett joins Ariel Investments board

President Barack Obama's former top White House adviser Valerie Jarrett has been appointed to the board of directors of Chicago-based Ariel Investments.

Jarrett was the longest-serving senior adviser to Obama, and Ariel founder and chairman John W. Rogers Jr. is a longtime friend of Obama's. Former Obama administration Secretary of Education Arne Duncan also was appointed to the Ariel board after leaving his position.

Jarrett's father, Dr. James Bowman, was one of the original members of the Ariel board of directors.

Prior to becoming an adviser to Obama, Jarrett had been the chief executive officer of The Habitat Co. of Chicago, which develops and manages market-rate...

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