Hobson serves on the board of many organizations, including J P Morgan Chase & Co., the Chicago Public Education Fund, the Lucas Museum of Narrative Art and the Sundance Institute. She is also a Director of the Starbucks Corporation, The Estée Lauder Companies Inc., and DreamWorks Animation SKG, Inc.. Hobson has been acclaimed in selections such as Time's 2015 Time 100 List, the magazine's annual list of the one hundred most influential people in the world)., Ebony magazine's "20 Leaders of the Future" (1992), Working Women Magazine's "20 Under 30" (1992), the World Economic Forum's "Global Leaders of Tomorrow" (2001), Esquire's "America's Best and Brightest" (2002), The Wall Street Journal's 50 "Women to Watch" (2004).