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29.02.2024 - 23:35 / justjared.com
Oprah Winfrey is stepping down from her role with WeightWatchers.
The 70-year-old media mogul announced plans to give up her spot on the company’s board after nearly a decade in the position. Her decision comes several months after she revealed that she’d been taking weight-loss medication.
She revealed what she’d be doing with her stocks and issued a statement about the decision.
Keep reading to find out more…
According to Variety, Oprah informed WeightWatchers‘ shareholders about her decision during a meeting this month.
When she joined the board in 2015, she owned a 10% stake in the company. She now owns approximately 1.4% of the company and plans to donate the stock to the National Museum of African American History and Culture.
Her remaining stocks are estimated to be worth less than $4 million.
“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,” Oprah shared in a statement.
WeightWatchers stressed that the decision wasn’t due to a discrepancy with the company.
“Her decision was not the result of any disagreement with the company on any matter relating to the company’s operations, policies or practices,” they said.
Oprah is one of 17 stars who has admitted to taking medication to assist with weight loss.
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Anna Tingley If you purchase an independently reviewed product or service through a link on our website, Variety may receive an affiliate commission. Following her exit from the board of WeightWatchers, Oprah Winfrey has set an hour-long ABC primetime special about weight loss drugs. The special, titled “An Oprah Special: Shame, Blame and the Weight Loss Revolution,” will air on ABC on Monday, Mar.
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Oprah Winfrey is clearing the air regarding her Weight Watchers exit.
Todd Spangler NY Digital Editor Entertainment mogul and TV talk show host Oprah Winfrey said she decided to exit the board of directors WeightWatchers — after nearly a decade — to avoid the appearance of a conflict of interest. Last month, Winfrey announced that she will not stand for reelection to the board of WeightWatchers at the annual meeting of shareholders to be held in May 2024.
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trimmed from the WeightWatchers board of directors after admitting she uses a weight-loss drug, will tackle the controversial topic of prescription weight-loss injectables like Ozempic, Mounjaro and Wegovy in an upcoming ABC primetime special.“An Oprah Special: Shame, Blame and the Weight Loss Revolution” will air on March 18, featuring the billionaire, medical experts and patients discussing “the radical impact” of prescription weight-loss drugs in front of a live studio audience.“It is a very personal topic for me and for the hundreds of millions of people impacted around the globe who have for years struggled with weight and obesity,” Winfrey, who is also an executive producer on the project, said in a statement. “This special will bring together medical experts, leaders in the space and people in the day-to-day struggle to talk about health equity and obesity with the intention to ultimately release the shame, judgment and stigma surrounding weight,” she concluded.
Zack Sharf Digital News Director Oprah Winfrey has set an hour-long ABC primetime special about weight loss drugs following her exit from the board of WeightWatchers after revealing her personal use of them. The special, titled “An Oprah Special: Shame, Blame and the Weight Loss Revolution,” will air later this month. Oprah recorded the special in front of a live studio audience and gathers medial experts to discuss weight loss drugs such as Ozempic, Mounjaro and Wegovy.
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