WeightWatchers CEO As Popular Weight Loss Drugs Disrupt Industry

WeightWatchers announced the departure of CEO Sima Sistani, effective immediately, and board member Tara Comonte, former Shake Shack executive, has been named interim CEO. The company did not provide a reason for the change. Still, it highlighted Comonte’s role in addressing operational and financial issues as WeightWatchers struggled with falling profits and a stock drop of over 90% in the past year. WeightWatchers reduced its board from 10 to nine members earlier this year following the departure of former talk show host Oprah Winfrey. Winfrey stepped down in February after she revealed that she was using a weight-loss medication.