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Oprah Winfrey Cites Conflict of Interest in Exiting WeightWatchers Board




Oprah Winfrey Steps Down From WeightWatchers Board

Oprah Winfrey Steps Down From WeightWatchers Board

TV Talk Show Host Decides to Exit to Avoid Conflict of Interest

Episode of “Jimmy Kimmel Live!” Reveals Winfrey’s Decision

Entertainment mogul and renowned TV talk show host Oprah Winfrey surprised the public when she announced her departure from the board of directors at WeightWatchers after serving nearly a decade. Winfrey expressed her intentions to minimize any potential conflicts of interest in an episode of ABC’s popular TV show “Jimmy Kimmel Live!”.

During the show, Winfrey confessed that her departure was fueled by her desire to freely discuss weight-loss topics without any constraints. This move comes after her admission in 2023 of taking a weight-loss drug. Winfrey insisted that WeightWatchers’ expanded focus on administering weight medication drove her decision to avoid any perception of conflict of interest.

Primetime Special Dedicated to Weight Loss Revolution

As a testament to her dedication to bringing weight-loss issues to the forefront, Winfrey has scheduled an hour-long ABC primetime special titled “An Oprah Special: Shame, Blame and the Weight Loss Revolution”. This special, recorded in front of a live studio audience, aims to gather medical experts to discuss a range of weight-loss drugs, including Ozempic, Mounjaro, and Wegovy. The special is scheduled to air on Monday, March 18.

Status of Winfrey’s Shares and Donations

Winfrey’s shares in WeightWatchers, totaling around 1.1 million shares or a 1.43% stake, are currently valued at under $2.5 million. Her initial investment in the company, acquiring 6.4 million shares, was valued at $43.2 million.

In a philanthropic move, Winfrey has decided to donate all of her WeightWatchers shares to the National Museum of African American History and Culture to eliminate any perceived conflicts of interest. Winfrey additionally plans to donate the proceeds from any exercise of her WW stock options to NMAAHC, ensuring her alignment with the organization’s goal of highlighting the contributions of African Americans.


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