WeightWatchers CEO Sima Sistani Steps Down Amid Company's Struggles

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 20 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 53%

Business News

Weightwatchers,CEO,Sima Sistani

WeightWatchers announced Friday that CEO Sima Sistani has stepped down after two and a half years leading the company. Independent board member Tara Comonte will serve as interim CEO.

WeightWatchers announced Friday that CEO Sima Sistani has stepped down from the job and is no longer on the company's board after 2½ years leading the weight loss company. Sistani has been replaced by independent board member Tara Comonte, who will serve as CEO on an interim basis. Comonte previously served as the president and CFO of Shake Shack.

Comonte joined the WeightWatchers' board in June 2023. She previously served as CEO of TMRW Life Sciences after working as a president and finance chief at fast-food chain Shake Shack. GET FOX BUSINESS ON THE GO BY CLICKING HERE The company also reaffirmed its prior full-year 2024 forecast for revenue and adjusted operating income on Friday. Reuters contributed to this report.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines