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Oprah Winfrey Steps Down From Weight Watchers Board After Revelation Using WL Drugs


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Oprah Winfrey will leave the board of WeightWatchersafter almost 10 years, following the entertainment mogul’s revelation that she is using a weight-loss drug.

Winfrey informed the company this week that she decided to not stand for reelection at the annual meeting of shareholders to be held in May 2024. She has served on the company’s board since 2015. when she acquired a 10% stake in WeightWatchers.

“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,” Winfrey said in a statement.

In December 2023, Winfrey told People she had decided to start taking a weight-loss medication (which she did not identify) after coming to the realization that weight management does not hinge solely on a person’s self-control. “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,” she told People.

Winfrey’s agreement with WeightWatchers specifies that she “will not engage in any other weight loss or weight management business, program, products or services” during the term of her relationship with the company and for one year afterward, according to the company’s filings with the SEC.

After the disclosure that Winfrey will leave WeightWatchers’ board, shares of WW International fell more than 20% Friday. With her departure, the company’s board will be reduced from 10 members to nine.

On Feb. 26, Winfrey notified Weight Watchers that she would not be standing for re-election as a member of the board at the company’s 2024 annual meeting of shareholders, per an SEC filing Thursday. According to 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.” 

Winfrey said she will donate her interest in WeightWatchers to the National Museum of African American History and Culture. “I have been a long-time supporter of this worthy organization, and I am proud to continue my support,” she said.

Winfrey owns about 1.1 million shares of WW International, representing a 1.43% stake in the company, according to data provider FactSet. At the current stock price, that’s worth less than $3.5 million. Her initial investment for 6.4 million shares of the company totaled $43.2 million.

 

https://variety.com/2024/biz/news/oprah-winfrey-leaves-weightwatchers-board-weight-loss-drug-1235926484/

(ノ◕ヮ◕)ノ✧*:・゚ 𝘺𝘰𝘶𝘳 𝘢𝘯𝘵𝘪𝘥𝘰𝘵𝘦 𝘵𝘰𝘯𝘪𝘨𝘩𝘵 (*´艸`*) ♡♡♡
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LateToCult
26 minutes ago, mamo said:

Ozemprah

oprah-1536157847.gif

Ozemprah Wegofrey :ally:

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StarstruckIllusion
26 minutes ago, Babel said:

Another billionaire's hypocrisy exposed, shocking

I’m not really seeing how… after she started ozempic she realized her message was weird and quit. If she stayed on it’d be bad, but there’s only a 2 month overlap at most. This is kinda noble of her. Respect 

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SharkmanthaC

In December 2023, Winfrey told People she had decided to start taking a weight-loss medication (which she did not identify) after coming to the realization that weight management does not hinge solely on a person’s self-control. “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,” she told People.

:applause:

Ok, I know she was being a hypocrite, but I love her for this. Shout it from the roof tops that weight management does not hinge soley on a person's self-control!!! Also, wasn't WW going to start having doctors prescribe these meds? Anyway, WW is just disordered eating in a pretty bow. (Speaking as someone who has previous lost 88 pounds on WW but gained it back.)

she/her/hers
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avalon x

Is it possible that Gaga took Ozempic when she lost weight as well? I have no problem if she did but we did notice her losing a huge amount of wait when she was shooting Joker.

 

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Reject False Icons

B*** you are not a activist why would her pr speak like that, isn’t Hawaii mad at her, if she’s going the moralist way why not address what people complains the most about her and not some venture that nobody cares anymore 

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hELXIG

So Oprah found out about ozempic, but while on the board of Weight Watchers was contractually disallowed to use any other weight loss methods, but she wanted ozempic so bad she's stood down from WW and in one year she's allowed to use the drug and she's calling it redemption and the healthy option :oprah:

I bet the Oprah standom is reeling right now and having massive arguments in their forums with some people turning against her and some defending her :stalkga:

Edited by Helxig
I'll be myself until they fūcking close the coffin.
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funkmedowntown
30 minutes ago, Reject False Icons said:

B*** you are not a activist why would her pr speak like that, isn’t Hawaii mad at her, if she’s going the moralist way why not address what people complains the most about her and not some venture that nobody cares anymore 

Oprah Winfrey brought many people into Weight Watchers (remember her famous “I love bread!” commercial?) and now realizes, due to her newfound knowledge, that doing so might have been a mistake. Just like Lady Gaga, Oprah has a legion of dedicated fans who will purchase her “favorite things” and join a weight management club if she endorses it.

Little Mons✟er
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President Biden
1 hour ago, SharkmanthaC said:

In December 2023, Winfrey told People she had decided to start taking a weight-loss medication (which she did not identify) after coming to the realization that weight management does not hinge solely on a person’s self-control. “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,” she told People.

:applause:

Ok, I know she was being a hypocrite, but I love her for this. Shout it from the roof tops that weight management does not hinge soley on a person's self-control!!! Also, wasn't WW going to start having doctors prescribe these meds? Anyway, WW is just disordered eating in a pretty bow. (Speaking as someone who has previous lost 88 pounds on WW but gained it back.)

dumbest thing ive ever read

I got drunk
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funkmedowntown
Just now, President Biden said:

dumbest thing ive ever read

It doesn’t though? 

Little Mons✟er
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RAMROD
11 minutes ago, President Biden said:

dumbest thing ive ever read

perhaps elaborate, and not just offending people? 

(ノ◕ヮ◕)ノ✧*:・゚ 𝘺𝘰𝘶𝘳 𝘢𝘯𝘵𝘪𝘥𝘰𝘵𝘦 𝘵𝘰𝘯𝘪𝘨𝘩𝘵 (*´艸`*) ♡♡♡
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Railing
2 hours ago, SharkmanthaC said:

“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,”

(If this is about Ozempic) I think it's dangerous how much these people ignore that Ozempic is a medication for people with type 2 diabetes :stalkga: It wasn't "medically approved" for your weight loss shortcut girlie

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