Oprah Winfrey leaves WeightWatchers board as weight loss medications gain popularity

6abc Philadelphia
1.2K followers
1 Video View·Mar 1, 2024
Oprah Winfrey announced she left the WeightWatchers board, sending WW stock to drop as weight loss medications Ozempic, Wegovy gain popularity.
we all want to be healthier but let's
just get real we also want to lose
weight for nearly a decade Oprah Winfrey
and Weight Watchers were an intertwined
and lucrative partnership I love bread
but this morning that relationship has
changed the media Mogul announcing she
is leaving the company's board in the
aftermath of her decision Weight Watcher
shares dropping by more than 20% they've
been struggling over the past few years
and seeing Oprah extract herself and
seeing the stock just
tank it really does feel like the end of
an era Winfrey now planning to donate
her millions in Company stock to the
national museum of African-American
history and culture in Washington DC are
you ready let's do this together the
collaboration between Winfrey and Weight
Watchers beginning in 2015 after the
billionaire bought a 10% stake in the
business and sent stock prices soaring
with Winfrey crediting the program with
helping her to lose weight oh cost 26 lb
and I have eaten bread every single day
this past December Winfrey revealing she
started using a weight loss drug to help
manage her weight telling people
magazine then the fact that there's a
medically approved prescription for
managing weight and staying healthier in
my lifetime feels like relief like
Redemption like a gift and not something
to hide behind and once again be
ridiculed for I'm absolutely done with
the shaming from other people and
particularly
myself there has been a cultural shift
in terms of how we perceive weight
management in part because of the Advent
of weight loss medication so it's going
to be interesting to see how Weight
Watchers could navigate this moving
forward
