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Weight Watchers clarifies on Oprah Winfrey board meeting attendance

Published 04/03/2017, 05:44 PM
© Reuters.  Weight Watchers clarifies on Oprah Winfrey board meeting attendance
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  • Weight Watchers (NYSE:WTW) clarifies on its SEC filing earlier today that mentioned the attendance of Oprah Winfrey at its board meeings.
  • The company's statement provided to Seeking Alpha is posted below.
  • "Since entering the partnership with Weight Watchers in October 2015, Ms. Winfrey has been actively engaged with Weight Watchers not only as a board member but also as a strategic advisor and a member. Ms. Winfrey attended a majority of the 2016 board meetings. When unable to attend a meeting, Ms. Winfrey was able to be represented by a personal designee, as provided for in the Share Purchase Agreement between the Company and Ms. Winfrey, to ensure her continued board engagement."
  • Previously: Weight Watchers wants Oprah to make more board meetings (April 3)

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