{"id":107954,"date":"2024-09-28T14:16:51","date_gmt":"2024-09-28T07:16:51","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=107954"},"modified":"2024-09-28T14:16:51","modified_gmt":"2024-09-28T07:16:51","slug":"weightwatchers-ceo-out-in-abrupt-exit","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=107954","title":{"rendered":"WeightWatchers CEO out in abrupt exit"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div><!----> <!----> <\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>FOX Business&#8217; Lydia Hu reports on the latest news emerging from the pharmaceutical industry as the medication shortage in the U.S. reaches a new record.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>WeightWatchers announced Friday that CEO Sima Sistani has stepped down from the job and is no longer on the company&#8217;s board after 2\u00bd years leading the <a href=\"https:\/\/www.foxbusiness.com\/category\/fox-news-weight-loss\" target=\"_blank\" rel=\"noopener\">weight loss<\/a> company.<\/p>\n<p>Sistani has been replaced by independent board member Tara Comonte, who will serve as CEO on an interim basis. Comonte previously served as the president and CFO of Shake Shack.<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/343\/192\/weightwatchers.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/686\/384\/weightwatchers.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/672\/378\/weightwatchers.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/1344\/756\/weightwatchers.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px) and (max-width: 1279px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/931\/523\/weightwatchers.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/1862\/1046\/weightwatchers.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1280px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/720\/405\/weightwatchers.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/1440\/810\/weightwatchers.jpg?ve=1&amp;tl=1 2x\"><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/931\/523\/weightwatchers.jpg?ve=1&amp;tl=1\" alt=\"WeightWatchers meets here sign\"\/><\/source><\/source><\/source><\/source><\/picture><\/div>\n<div class=\"caption\">\n<p><span>A sign for WeightWatchers is displayed at an office in Lower Manhattan, New York, Oct. 19, 2015.<\/span><span> (Reuters\/Brendan McDermid \/ Reuters)<\/span><\/p>\n<\/div>\n<\/div>\n<p>During her tenure, Sistani oversaw WeightWatchers&#8217; 2023 acquisition of telehealth platform Sequence, now known as WeightWatchers Clinic, expanding into <a href=\"https:\/\/www.foxbusiness.com\/lifestyle\/weightwatchers-bets-on-weight-loss-drugs-launch-new-program\" target=\"_blank\" rel=\"noopener\">obesity drug<\/a> prescriptions. Sistani embraced the use of weight loss drugs in various interviews during her tenure.\u00a0<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/lifestyle\/doctors-draw-attention-safety-issues-associated-popular-weight-loss-drugs\" target=\"_blank\" rel=\"noopener\"><strong>DOCTORS DRAW ATTENTION TO SAFETY ISSUES ASSOCIATED WITH POPULAR WEIGHT-LOSS DRUGS<\/strong><\/a><\/p>\n<p>Despite this, the company&#8217;s shares have plummeted about 90% this year due to the rising popularity of <a href=\"https:\/\/www.foxbusiness.com\/lifestyle\/diabetes-drug-tested-weight-loss-could-be-game-changer\" target=\"_blank\" rel=\"noopener\">GLP-1 drugs like Ozempic and Wegovy<\/a>, which have impacted its traditional weight loss program.<\/p>\n<table class=\"stock-fundamentals\">\n<thead>\n<tr>\n<th class=\"ticker\">Ticker<\/th>\n<th class=\"security\">Security<\/th>\n<th class=\"last\">Last<\/th>\n<th class=\"change\">Change<\/th>\n<th class=\"percent\">Change %<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=WW\">WW<\/a><\/td>\n<td class=\"security\">WW INTERNATIONAL INC.<\/td>\n<td class=\"last\">0.83<\/td>\n<td class=\"change neg\">-0.02<\/td>\n<td class=\"percent neg\">\n        -2.11%\n      <\/td>\n<\/tr>\n<tr\/><\/tbody>\n<\/table>\n<p>In February, <a href=\"https:\/\/www.foxbusiness.com\/media\/oprah-winfrey-leaving-weightwatchers-board-shares-drop\" target=\"_blank\" rel=\"noopener\">the company&#8217;s stock took another hit<\/a> after it disclosed that celebrity shareholder Oprah Winfrey would exit its board and donate her stock to the National Museum of African American History and Culture.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/lifestyle\/ozempic-wegovy-scams-skyrocket-demand-surges-expensive-weight-loss-drugs\" target=\"_blank\" rel=\"noopener\"><strong>OZEMPIC, WEGOVY SCAMS SKYROCKET AS DEMAND SURGES FOR EXPENSIVE WEIGHT LOSS DRUGS<\/strong><\/a><\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/02\/343\/192\/oprah-winfrey-2.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/02\/686\/384\/oprah-winfrey-2.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/02\/672\/378\/oprah-winfrey-2.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/02\/1344\/756\/oprah-winfrey-2.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px) and (max-width: 1279px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/02\/931\/523\/oprah-winfrey-2.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/02\/1862\/1046\/oprah-winfrey-2.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1280px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/02\/720\/405\/oprah-winfrey-2.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/02\/1440\/810\/oprah-winfrey-2.jpg?ve=1&amp;tl=1 2x\"><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/02\/931\/523\/oprah-winfrey-2.jpg?ve=1&amp;tl=1\" alt=\"Oprah Winfrey\"\/><\/source><\/source><\/source><\/source><\/picture><\/div>\n<div class=\"caption\">\n<p><span>WeightWatchers announced Feb. 28, 2024, that Oprah Winfrey would no longer be a member of its board.<\/span><span> (Rich Polk\/Golden Globes 2024\/Golden Globes 2024 \/ Fox News)<\/span><\/p>\n<\/div>\n<\/div>\n<p>Comonte joined the WeightWatchers&#8217; board in June 2023. She previously served as CEO of TMRW Life Sciences after working as a president and finance chief at fast-food chain Shake Shack.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener\"><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/a><\/p>\n<p>The company also reaffirmed its prior full-year 2024 forecast for revenue and adjusted operating income on Friday.<\/p>\n<p><i>Reuters contributed to this report.<\/i><\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.foxbusiness.com\/business-leaders\/weightwatchers-ceo-sima-sistani-out-abrupt-exit-embraced-weight-loss-drugs\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FOX Business&#8217; Lydia Hu reports on the latest news emerging from the pharmaceutical industry as the medication shortage in the U.S. reaches a new record. WeightWatchers announced Friday that CEO &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=107954\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-107954","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/107954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=107954"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/107954\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=107954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=107954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=107954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}