Fri. Oct 4th, 2024

Brown-Forman Corporation announced that Mark Clouse and Elizabeth (Liz) Smith had been elected to the Board of Directors. The election of Clouse and Smith will bring the number of directors on Brown-Forman’s Board to 12. Clouse will join the board immediately, with Smith joining in January 2023.

“I am pleased to welcome Mark and Liz to the Brown-Forman Board of Directors. Mark and Liz have a strong understanding of the power of brands, a familiarity with the food, beverage, and hospitality industries, and valuable experience with global organizations like Brown-Forman,” said Campbell P. Brown, Brown-Forman Board Chair. “We look forward to their contributions as we continue our company’s enduring journey to deliver growth and value to all our shareholders.”

Clouse is President and Chief Executive Officer of Campbell Soup Company. He brings over two decades of experience in the food industry with a track record of delivering revenue and earnings growth and generating significant value for shareholders.

Before joining Campbell, Clouse served as Chief Executive Officer and Director of Pinnacle. Previously, at Mondelēz International, he held key roles, including Executive Vice President and Chief Commercial Officer, Executive Vice President and Chief Growth Officer, and Executive Vice President of North America. Clouse joined Kraft Foods after serving in the United States Army as a pilot and a captain.

Smith is the former Chief Executive Officer of Bloomin’ Brands and was responsible for developing and executing the company’s long-term objectives, growth strategies, and initiatives for its casual and fine dining brands portfolio. Her leadership was instrumental in revitalizing the company’s core brands, domestically and internationally. Smith also served as Executive Chair and Chairperson of the Bloomin’ Brands Board of Directors. Currently, she serves as Chair of the Board of Directors of Bloomin’ Brands, Hilton Worldwide Holdings, Inc., USA Fund for UNICEF, and as Chair of the Atlanta Federal Reserve Board.

Before Bloomin’ Brands, Smith was President of Avon Products, Inc., where she successfully led the company’s global marketing, supply chain, information technology, and sales business units. Smith also worked in several roles at Kraft Foods, Inc., including Group Vice President and President of the U.S. beverages and grocery sectors.

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