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Oprah Winfrey - 3 Sima Sistani - 2 Winfrey - 2 Tara Comonte - 2 Thilo Semmelbauer - 2 WeightWatchers - 2 — - 2 ” Sistani - 1
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CNN - 2 National Museum of - 2 Shake - 2 Service - 2 WW International - 2 Business - 2 New - 1 New York CNN - 1

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☆ Sima Sistani, who embraced Ozempic, is out as CEO of WeightWatchers
  + stars: | 2024-09-27 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +2 min
New York CNN —WeightWatchers CEO Sima Sistani, who pushed the company into embracing weight-loss drugs, is leaving the position after a two-year stint. “These medications have shown, and science has evolved to say, that living with obesity is a chronic condition. Winfrey joined the board in 2015 and bought a 10% stake, immediately giving the beleaguered company relevance. Tara Comonte, a WeightWatchers board member and a former CEO of Shake Shack, will become the interim CEO effective immediately, the company said in a release. Prior to joining the company in June 2023, she was the CEO of a fertility technology company.
Persons: Sima Sistani, ” Sistani, Oprah Winfrey, Winfrey, Tara Comonte, Comonte’s, ”, Thilo Semmelbauer Organizations: New, New York CNN, CNN, National Museum of, Shake Locations: New York
☆ WeightWatchers' CEO embraced Ozempic. Now she's out of the company.
  + stars: | 2024-09-27 | by ( Geoff Weiss | ) www.businessinsider.com   time to read: +3 min
WeightWatchers' CEO of roughly two years, Sima Sistani, is out. AdvertisementIt's been a bumpy year for WW International, the company also known as WeightWatchers. In a leadership shake-up Friday, the weight-loss company announced CEO Sima Sistani is stepping down after roughly two years — effective immediately — and board member Tara Comonte is stepping up to serve as interim chief. Sistani helped push the company into the weight-loss drug space in 2023 through the $106 million acquisition of telehealth platform Sequence — which is now called WeightWatchers Clinic, and which prescribes weight-loss drugs like Ozempic and Wegovy. The telehealth purchase marked something of a pivot from the group support meetings and calorie-tracking menus WeightWatchers is known for, though the company also launched a behavioral program for patients on Ozempic.
Persons: WeightWatchers, Sima Sistani, —, It's, Tara Comonte, Sima, Thilo Semmelbauer, Sistani, haven't, Comonte, Oprah Winfrey Organizations: Service, WW International, WeightWatchers, WeightWatchers Clinic, CNN, Life Sciences, Shake, Business, Smithsonian's National Museum of
☆ Oprah's WeightWatchers departure proves she still has the power to move the needle
  + stars: | 2024-03-01 | by ( Erin Snodgrass | ) www.businessinsider.com   time to read: +4 min
On Thursday, WeightWatchers stock was worth $3.12 — down from a 2021 high of $40. WeightWatchers' value jumped by $700 million in just two days after Winfrey joined the company in 2015, with shares more than doubling. AdvertisementBut WeightWatchers and other weight loss companies have struggled in the recent Ozempic-era, as GLP1 medications become more accessible and commonplace. (Evidence suggests Winfrey's endorsement of GLP-1 medications sparked a spike in demand for them, as well. ) The statement said WeightWatchers' board of directors is supportive of Winfrey's proposal to donate her stock to the museum.
Persons: —, Winfrey's, Winfrey, Oprah Winfrey, Phil, Oz, Suze Orman, WeightWatchers, Semmelbauer Organizations: Service, Business, WW International, Magazine, National Museum of Locations: WeightWatchers
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