Todd Spangler NY Digital Editor Entertainment mogul and TV talk show host Oprah Winfrey said she decided to exit the board of directors WeightWatchers — after nearly a decade — to avoid the appearance of a conflict of interest.
Last month, Winfrey announced that she will not stand for reelection to the board of WeightWatchers 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. On Thursday’s episode of ABC’s “Jimmy Kimmel Live!”, Winfrey explained that her decision to part ways with WeightWatchers was due to her desire to “be able to talk about whatever I want to talk about” regarding weight-loss issues.
Her exit from the company’s board came after she revealed in 2023 that she was taking a weight-loss drug. Winfrey has set an hour-long ABC primetime special, titled “An Oprah Special: Shame, Blame and the Weight Loss Revolution,” scheduled to air Monday, March 18.
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