Smith has been CEO for 10 years, joining Bloomin’ Brands while it was still known as OSI Restaurant Partners. It had been acquired two years earlier for $3.2 billion by the private-equity firms Bain Capital and Catterton Partners. The company had lost $739.4 million the year before Smith joined the company. She had left Avon Products, where she was president, after being bypassed for the CEO’s job at the cosmetics concern. 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 working at Kraft, Ms. Smith worked as a financial analyst in private placement at Paine Webber, Inc. Ms. Smith is a member of the Boards of Directors of Carter's, Inc., Staples, Inc., and the Personal Care Products Council. She holds an M.A from University of Virginia and an M.B.A. from Stanford University Graduate School of Business.