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Elizabeth P. Powell

Ms. Powell was Co-Founder, Chair and Treasurer, 1976-2005, of Diamond Machining Technology, Inc. Marlborough, MA which designed and manufactured diamond sharpening hand tools distributed worldwide (32 countries) to consumer, professional and industrial markets.


She is a Director of Lytron Inc., Woburn, MA since 1999, and the Associated Industries of Massachusetts (AIM), Boston, MA. She is a retired Director of Reed & Barton, Corporation, Taunton, MA and the Massachusetts Technology Development Corporation (MTDC), Boston, MA. For 43 years she served as an elected Town Meeting Member of Wellesley; for 13 years she was a Trustee of North Hill Life Care Community, Needham; and supported the Wellesley Free Library in many capacities from 1973 to retiring in 2017 as Trustee of the Wellesley Free Library Foundation.  For Tufts University, Medford, MA she is a member of the International Advisory Board and also a member of the Board of Advisors for The Fletcher School of Law & Diplomacy. She is a Trustee Emerita at Babson College where she served 13 years including chairing the 1989 Presidential Search Committee. She continued to support Babson as a member of the Board of Overseers and on the Steering Committee for the Center for Women Leadership. Currently she is a member of the Babson Global Advisory Board. She is also a retired Governor of the historic Christopher Gore estate, Gore Place, Needham, MA.


A graduate of Abbot Academy, Andover, MA, which merged into Phillips Academy in 1973 and was elected a Charter Trustee Phillips Academy, Andover, MA, 1980-2000. Currently she is an active Trustee Emerita, and chaired  the Chapel Cemetery Association Trustees since 1994-2015  She was engaged in Smith College Clubs of Denver, CO, and on the Boards of Directors of the Philadelphia, PA and Wellesley, MA clubs, serving as President of the Wellesley Club 1975-1977.  She has served on numerous boards of civic, trade, health and financial organizations.  Ms. Powell is a recipient of the Babson College President’s Medal in 1989 and Alumni Association Cruickshank Award for distinguished service in 2001.  From Tufts University, she has been honored with the Alumni Association’s Distinguished Service Award in 1999 and The Fletcher School of Law & Diplomacy Dean’s Medal in 2003, being the first woman and only fourth recipient since the school’s founding in 1933.

Ms. Powell earned her B.A. from Smith College, Northampton, MA, her M.A. from The Fletcher School of Law & Diplomacy, Tufts University, Medford, MA, and her M.B.A. with Distinction from Babson College, Wellesley, MA where she was Assistant Professor of Management 1977-1980.  She is married to David and has three children, and six grandchildren.