 His involvement with the running of Abercrombie & Fitch has been criticised in some quarters as an example of poor corporate governance, since he holds no official position within the company.Smith's presence ending up became a factor in Jeffries being ousted as CEO of Abercrombie & Fitch in 2014.In October 2012, Bloomberg News first reported on Jeffries' standards for his cabin crew on Abercrombie's Gulfstream G-V Jet, used by Jeffries, Smith and their dogs.