Oprah Winfrey to Leave WeightWatchers Board
Oprah Winfrey plans to leave WeightWatchers' board of directors after nearly a decade, amid the company's declining profits. She will donate her stake in WeightWatchers and proceeds from future stock options to the National Museum of African American History and Culture. The company's stock fell by 25% after the announcement. Winfrey has been using medication for weight loss and will advocate for recognizing obesity as a chronic condition. WeightWatchers is shifting towards prescription weight loss medications, which has caused controversy among members.
Key Points
- Oprah Winfrey to leave WeightWatchers' board of directors after nearly a decade
- Donating stake and stock options to the National Museum of African American History and Culture
- Stock fell by 25% after the announcement
- Advocating for recognizing obesity as a chronic condition
- Controversy over the company's shift towards prescription weight loss medications
Pros
- Oprah Winfrey's charitable donation to the National Museum of African American History and Culture
- Advocacy for recognizing obesity as a chronic condition
- Shifting towards prescription weight loss medications may help some individuals
Cons
- Company's declining profits and stock prices
- Controversy among members over the shift towards prescription weight loss medications