Current:Home > NewsJohnathan Walker:After nearly a decade, Oprah Winfrey is set to depart the board of WeightWatchers -GrowthInsight
Johnathan Walker:After nearly a decade, Oprah Winfrey is set to depart the board of WeightWatchers
Ethermac Exchange View
Date:2025-04-06 13:18:44
Oprah Winfrey plans on Johnathan Walkerleaving WeightWatchers' board of directors after nearly a decade, amid the diet company's waning profits and public support.
WW International, Inc., announced on Wednesday that the billionaire decided not to stand for reelection at its next shareholder meeting in May. Winfrey, who joined the board in 2015, owns 1.13 million shares in the weight loss company, according to Reuters.
"I look forward to continuing to advise and collaborate with WeightWatchers and CEO Sima Sistani in elevating the conversation around recognizing obesity as a chronic condition, working to reduce stigma, and advocating for health equity," Winfrey said in a statement.
The entertainment mogul added that she intends "to participate in a number of public forums and events where I will be a vocal advocate in advancing this conversation."
WeightWatchers shares fell precipitously after the announcement, dropping around 25% in early trading on Thursday. The company has been facing steadily declining stock prices so far this year as medications like Ozempic and Wegovy, which help manage blood sugar and boost weight loss, have soared in popularity.
Board chairman Thilo Semmelbauer thanked Winfrey for her role in shaping the company over the last eight years, saying that she has been "an inspiring presence and passionate advocate" for members.
Winfrey said she will donate her stake in WeightWatchers and proceeds from any future stock options to the National Museum of African American History and Culture.
The remaining nine board members said they support Winfrey's charitable decision and that it serves "to eliminate any perceived conflict of interest around her taking weight loss medications."
Winfrey came under scrutiny after revealing in December that she has been using medication to lose and maintain her weight. Winfrey said the drug "feels like relief, like redemption, like a gift."
"I'm absolutely done with the shaming from other people and particularly myself," Winfrey told People magazine.
Reflecting on her very public weight loss journey — and the cruel ridicule it sometimes drew — the 70-year-old said that it "occupied five decades of space in my brain, yo-yoing and feeling like why can't I just conquer this thing, believing willpower was my failing,"
Around the same time as Winfrey's exclusive interview with People, WeightWatchers unveiled the rollout of WeightWatchers Clinic, which gives members access to doctors who can prescribe weight loss medications, including Wegovy and Zepbound. The services were made possible after WW's acquisition of a telehealth company called Sequence last spring.
The move to embrace the drugs as part of its weight management program is a massive shift for the company's behavior-based program. For 60 years, WeightWatchers coaches have told members that the path to a thinner, healthier version of themselves consisted of exercise, counting calories, points — and, perhaps most of all, willpower.
That reversal has left many current and former members struggling with their own weight feeling betrayed.
When asked if that advice was wrong, the company's CEO Sistani told NPR, "Yes, that advice was wrong."
Telling people that it was a "choice, not chance" was detrimental to people, she added.
"And ultimately, for every one person that we helped, there was one person who our program did not work for because they were dealing with a chronic relapsing condition, with biology and genetics and environmental underpinnings. So, in order for us to reintroduce ourselves, we need to acknowledge the part that we had in the past," Sistani said.
veryGood! (6668)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Simone Biles wins gymnastics US Classic by a lot. Shilese Jones takes 2nd. How it happened
- Beyoncé, Radiohead and Carole King highlight Apple Music 100 Best Album entries 40-31
- Gabby Douglas out of US Classic after one event. What happened and where she stands for nationals
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Rudy Giuliani served indictment in Arizona fake elector case
- Preakness Stakes payouts 2024: Complete betting results after Seize the Grey wins
- John Stamos Shares Never-Before-Seen Full House Reunion Photo With Mary-Kate and Ashley Olsen
- Trump's 'stop
- The Race to Decarbonize Heavy Industry Heats Up
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- State Department issues worldwide alert, warns of violence against LGBTQ community
- In Oregon’s Democratic primaries, progressive and establishment wings battle for US House seats
- NBA Teammate of the Year Mike Conley explains what it means to be a good teammate
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Timeline of the Assange legal saga over extradition to the US on espionage charges
- Cassie's Lawyer Responds After Sean Diddy Combs' Breaks Silence on 2016 Assault Video
- Simone Biles brings back (and lands) big twisting skills, a greater victory than any title
Recommendation
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
John Stamos Shares Never-Before-Seen Full House Reunion Photo With Mary-Kate and Ashley Olsen
Disneyland's character performers vote to unionize
Kevin Costner gets epic standing ovation for 'Horizon: An American Saga,' moved to tears
Federal hiring is about to get the Trump treatment
Schauffele wins first major at PGA Championship in a thriller at Valhalla
Last pandas in the U.S. have a timetable to fly back to China
IRS whistleblowers ask judge to dismiss Hunter Biden's lawsuit against the tax agency