Departure of Chief Financial Officer, Amy O'Keefe
Appointment of new Chief People Officer, Tiffany Stevenson
David Cohen named Chief Data
Officer
NEW
YORK, Nov. 30, 2022 /PRNewswire/ -- WW
International, Inc. (NASDAQ: WW) ("WeightWatchers", "WW," or "the
Company") announced today that Amy
O'Keefe will be leaving her role as Chief Financial Officer
effective December 2, 2022 and will
remain employed by the Company until December 31, 2022 to support the Finance team for
the remainder of the year. Heather
Stark will assume the role of interim Principal Financial
Officer. Stark has been with WeightWatchers for 12 years, most
recently as Head of North American Finance.
"On behalf of everyone at WeightWatchers, I'd like to thank Amy
for her leadership and commitment these past two years," said
WeightWatchers CEO, Sima Sistani.
"Amy has been a valuable partner to me since I joined in March and
I would particularly like to thank her for her support in our
organizational realignment and rationalizing our studio footprint,
as well as the successful refinancing in 2021. I wish her all the
best in the future."
As the Company optimizes for profitable growth and becoming a
more tech-centric organization, WeightWatchers also announced two
key leadership appointments: Tiffany
Stevenson as Chief People Officer and David Cohen as Chief Data Officer.
Stevenson will join the Company in January 2023. She most recently served as Chief
People Officer of Patreon, leading cultural and systemic
transformation to support global growth. Prior to Patreon,
Stevenson spent 12 years at Sephora scaling their retail
growth and digital footprint. Cohen joined WeightWatchers in
June 2020 and has made a significant
impact in building a data-driven culture, laying the groundwork of
becoming a digital-first organization. Prior to WeightWatchers,
Cohen was Chief Data Officer and SVP of Growth at Aaptiv.
"Tiffany brings an incredible background building talent
ecosystems that drive engaging workforces and business results. I
am confident that she will further help us build a best in class
employee experience," said Sistani. "And as we continue to invest
in a data-informed culture that allows us to make faster,
results-driven decisions, I am excited to broaden David's impact
across the organization."
Sistani continued, "I look forward to working alongside these
leaders to execute on our vision of building a digital community
around a shared interest in weight loss. We continue to track
toward ending the year with approximately 3.4 million subscribers
and following the recent rollout of our simplified program, I
believe we are on the path for improved performance."
About WW International, Inc.
WeightWatchers is a human-centric technology company powered by
the world's leading commercial weight management program. For
nearly six decades, we have inspired millions of people to adopt
healthy habits for real life. Through our comprehensive tools,
expert Coaches and community, members follow our proven,
sustainable, science-based program focused on weight loss. To learn
more about the WeightWatchers approach to healthy living, please
visit ww.com. For more information about our global business, visit
our corporate website at corporate.ww.com.
This press release includes "forward-looking statements,"
within the meaning of Section 27A of the Securities Act and Section
21E of the Securities Exchange Act of 1934, as amended, including,
in particular, statements about the Company's plans, strategies,
objectives, prospects and anticipated subscribers. The Company
generally uses the words "may," "will," "could," "expect,"
"anticipate," "believe," "estimate," "plan," "intend," "track
toward" and similar expressions in this press release to identify
forward-looking statements. The Company bases these forward-looking
statements on its current views with respect to future events and
financial performance. Actual results could differ materially from
those projected in the forward-looking statements. These
forward-looking statements are subject to risks, uncertainties and
assumptions, including, among other things: changes in
general economic and market conditions and other risks and
uncertainties, including those detailed from time to time in the
Company's periodic reports filed with the Securities and Exchange
Commission. You should not put undue reliance on any
forward-looking statements. You should understand that many
important factors, including those discussed herein, could cause
the Company's results to differ materially from those expressed or
suggested in any forward-looking statement. Except as required by
law, the Company does not undertake any obligation to update or
revise these forward-looking statements to reflect new information
or events or circumstances that occur after the date of this press
release or to reflect the occurrence of unanticipated events or
otherwise.
For more information, contact:
Media:
Jennifer Cho
jennifer.cho@ww.com
Investors:
Corey Kinger
corey.kinger@ww.com
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SOURCE WW International, Inc.