WeightWatchers' CEO embraced Ozempic. Now she's out of the company. [Business Insider]
WW International, Inc. (WW)
Last ww international, inc. earnings: 4/28 04:05 pm
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Source: Business Insider
Its interim chief said the company was in a critical period of transformation. It'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. "On behalf of the Board, I want to sincerely thank Sima for her leadership in advancing our strategy, for adding WeightWatchers Clinic to our offerings, and for her unwavering commitment to our mission," said Thilo Semmelbauer, Chairman of the WeightWatchers Board of Directors. "We wish her all the best in her future endeavors." 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. "What we do best i
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WW
News
- WW International names Tara Comonte as interim CEO [Seeking Alpha]Seeking Alpha
- WeightWatchers Announces Executive Leadership TransitionGlobeNewswire
- WeightWatchers Announces Strategic Leadership Team AppointmentsGlobeNewswire
- WW International Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- WW International, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions [Yahoo! Finance]Yahoo! Finance
WW
Earnings
- 8/1/24 - Beat
WW
Sec Filings
- 9/27/24 - Form 8-K
- 8/19/24 - Form 4
- 8/8/24 - Form 4
- WW's page on the SEC website