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Advisory Council

 
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Elizabeth A. Smith

President
Avon Products, Inc.

Elizabeth Smith is president of Avon Products Inc. and is responsible for Avon’s worldwide
product-to-market processes, infrastructure, and systems, which include global brand
marketing, global supply chain, and global information technology.

Ms. Smith joined Avon in January 2005 as president, global brand, and was given the
additional role of leading Avon North America in August 2005.

Prior to joining Avon, Ms. Smith worked for 14 years at Kraft Foods Inc., where most
recently she served as the group vice president and president of the U.S. beverages
and grocery sectors, overseeing a total of $6 billion in sales. Previously, she served as
group vice president of Kraft Foods North America and president of Kraft Beverages,
Desserts, and Cereals—a $4 billion sector that includes Maxwell House, Crystal Light,
and Cool Whip.

Prior to working at Kraft, Ms. Smith worked as a financial analyst in private placement
at Paine Webber Inc. from 1986 to 1988.

Ms. Smith has been on Fortune’s “50 Most Powerful Women in Business” list in 2007
and 2008. She is a member of the boards of directors of Staples Inc. and Big Brothers,
Big Sisters of America.

She holds a BA, Phi Beta Kappa, from University of Virginia and an MBA from the Stanford
Graduate School of Business.