Austria's Anna Fenninger clinched her first Olympic medal with gold in the women's super-G at Rosa Khutor Alpine Resort.
The 24-year-old beat Germany's Maria Hofl-Riesch by 0.55 seconds with another Austrian, Nicole Hosp, 0.66 seconds back in third.
Britain's Chemmy Alcott finished 23rd in what was her final Olympic race in her fourth Games.
"I'm really disappointed," said Alcott, who was 19th in the women's downhill.
Only three of the first 11 starters reached the finish on a course that was icy at the top and, according to Britain's five-time Olympian Graham Bell, "soapy" lower down.
Switzerland's Lara Gut, who won bronze in the Sochi downhill, came fourth, while America's Julia Mancuso, the super-combined bronze medallist, was eighth, 1.52 seconds behind.
Joint downhill winner Tina Maze was fifth, 0.76 seconds adrift, while her co-champion Dominique Gisin was one of a host of racers who failed to finish.
Fenninger's previous best result at a major competition was gold in the super-combined at the 2011 world championships, while Sochi super-combined champion Hofl-Riesch, 29, won her fourth Olympic medal and first silver after three golds.
Alcott described herself as "gutted" and said it was not how she wanted to bow out of the sport.
The 31-year-old said she was unable to adjust to the change in terrain and made a big error on the final tight, twisty pitch into the finish line.
"I saw my team-mates go and they skied really nice and pretty and that wasn't the way to ski that hill," Alcott told BBC Sport.
"You had to go out there and charge it and make mistakes and then, when you come onto the last pitch, change your mindset. You had to have the height; there was no purchase on the snow. I didn't do that. I was running a fast line and I didn't change. You get a result but it's not the result I wanted.
"I'm proud I took risks and proud I didn't ski pretty and come down. I attacked it, but it's not like me to make big mistakes like that, that's why I'm gutted.
"Some risks pay off and, in the downhill, I took some risks and they paid off. That's ski racing.
"I just wanted to come through that finish proud and say, 'yep, I did my all'. There are some bits that I am proud of, but not all."