WeightWatchers CEO Sima Sistani, who pushed the company into embracing weight-loss drugs, is leaving the position after a two-and-a-half year stint.
Under Sistani, the 61-year-old company bought a telehealth platform that connected patients with doctors who can prescribe weight-loss and diabetes drugs, including Ozempic and Wegovy, representing a radical change for the service that made its name for in-person meetings and portion control.
鈥淭hese medications have shown, and science has evolved to say, that living with obesity is a chronic condition. It鈥檚 important, no matter what it means for our business, to just be clear about that. It鈥檚 not willpower alone,鈥 Sistani previously told CNN about the changes. 鈥淲hat we are now saying is we know better and it鈥檚 on us to do better so that we can help people feel positive and destigmatize this conversation around obesity.鈥
But the pivot didn鈥檛 work and the stock has plummeted 90 per cent year to date as people use GLP-1 drugs on their own rather than through companies such as WeightWatchers. Shares slipped another four per cent Friday.
The stock took another hit in February when star investor Oprah Winfrey announced she was leaving the company鈥檚 board and donated all of her stock to the National Museum of African American History and Culture.
Winfrey joined the board in 2015 and bought a 10-per-cent stake, immediately giving the beleaguered company relevance.
Tara Comonte, a WeightWatchers board member and a former CEO of Shake Shack, will become the interim CEO effective immediately, the company said in a release. Prior to joining the company in June 2023, she was the CEO of a fertility technology company.
Comonte鈥檚 鈥減roven ability to lead cross-functional transformations and drive growth, coupled with her deep understanding of our mission and commitment to our members, give us full confidence that she is the right leader to steer WeightWatchers through this pivotal moment and position the company for sustained success,鈥 said Thilo Semmelbauer, chairman of the WeightWatchers鈥 board.
The Israeli strike that killed Hezbollah's Hassan Nasrallah was a 'measure of justice' for victims of a four-decade 'reign of terror,' U.S. President Joe Biden said Saturday.
The CEO of the Ottawa Mission is responding to controversial comments made this week by Premier Doug Ford about those living in homeless encampments that received swift blowback from advocates.
Will Ferrell said in an interview with Variety that it was important for him to release his documentary, 'Will and Harper,' before the U.S. election so people could have conversations about trans people.
Massive rains from powerful Hurricane Helene left people stranded, without shelter and awaiting rescue Saturday, as the cleanup began from a tempest that killed at least 56 people, caused widespread destruction across the U.S. Southeast and left millions without power.
SpaceX launched a rescue mission for the two stuck astronauts at the International Space Station on Saturday, sending up a downsized crew to bring them home but not until next year.
Canadian Heritage Minister Pascale St-Onge is set to make history by becoming the first openly lesbian cabinet minister to take parental leave when her wife gives birth in the coming weeks.
When a few weeks passed and Nana Prempeh still hadn鈥檛 heard from the guy she met on vacation, she turned to her friends for advice.
This Monday, Sept. 30 is the National Day for Truth and Reconciliation (NDTR), a federal statutory holiday and day of remembrance for the Indigenous children who never came home from Canadian residential schools, as well as those who survived them.
WeightWatchers CEO Sima Sistani, who pushed the company into embracing weight-loss drugs, is leaving the position after a two-and-a-half year stint.
On Broughdale Ave, barricades kept students to the sidewalks, and on Huron, officers kept directing the young people away from the middle of the road for emergency vehicles.
The Pride crosswalk in downtown Sault Ste. Marie, Ont., has been hit by vandalism for the second time in less than three months.
Saskatchewan's Serious Incident Response Team (SIRT) says it has determined that RCMP officers fired their guns, as it continues its investigation into a fatal incident on Fishing Lake First Nation that left a 34-year-old man dead.
Vancouver police officers took a goat into custody Friday night.
The CEO of the Ottawa Mission is responding to controversial comments made this week by Premier Doug Ford about those living in homeless encampments that received swift blowback from advocates.
Safaa went to Lebanon looking to meet with a specialist for her Crohn's disease. Now, she and her four children are caught in the conflict between Israel and the militant group Hezbollah.
Russia's top diplomat warned Saturday against 'trying to fight to victory with a nuclear power,' delivering a UN General Assembly speech packed with condemnations of what Russia sees as Western machinations in Ukraine and elsewhere 鈥 including inside the United Nations itself.
For months, New York City Mayor Eric Adams 鈥 a former cop 鈥 refused to criticize the federal authorities investigating his administration. Not anymore.
An explosion at a gas station in Russia鈥檚 southern region of Dagestan killed at least 13 people and injured 23 others, officials said Saturday.
Seventeen people, including 15 women, were killed in two mass shootings that took place in close proximity to each other in a rural town in South Africa, police said Saturday.
A jury has ruled in favor of three women who alleged they were sexually abused while patients at a Virginia children's hospital, awarding them a total of US$300 million in damages.
Three days before his communist government turns 75, China's foreign minister warned fellow leaders Saturday against an 'expansion of the battlefield' in Russia's war with Ukraine and said the Beijing government remains committed to shuttle diplomacy and efforts to push the conflict toward its end.
Canadian Heritage Minister Pascale St-Onge is set to make history by becoming the first openly lesbian cabinet minister to take parental leave when her wife gives birth in the coming weeks.
Defence Minister Bill Blair says there is a ship in place near Lebanon, as well as 150 deployed additional Canadian Armed Forces members prepared for a military-assisted departure of stranded Canadians, if more violence in the region requires it.
The Liberal party of today is not quite the same as the one elected in 2015 promising to foster new paths and nation-to-nation relationships with Indigenous Peoples, the leaders of the three national Indigenous organizations said as they look ahead to the fourth National Day for Truth and Reconciliation on Monday.
A man from Alberta has been at the Medipal International Hospital in Kampala, Uganda for over two months with a hefty medical bill. He says he can鈥檛 leave until it鈥檚 been paid for.
More than 550 symptomatic people responded to an online questionnaire about a gastrointestinal illness at a Prince Edward Island shellfish festival last weekend.
A partial masking mandate has returned to Nova Scotia hospitals and provincially run healthcare facilities for visitors and healthcare workers.
Canadian innovators and technical leaders gathered in Ottawa Thursday to demonstrate the latest cutting-edge technology.
SpaceX launched a rescue mission for the two stuck astronauts at the International Space Station on Saturday, sending up a downsized crew to bring them home but not until next year.
Trees haven't grown on the Falkland Islands for thousands of years. But tree trunks and branches preserved in peat suggest the islands were once home to a forest.
Will Ferrell said in an interview with Variety that it was important for him to release his documentary, 'Will and Harper,' before the U.S. election so people could have conversations about trans people.
The Stratford Festival is remembering Dame Maggie Smith's impact on a local stage.
Ari Kinarthy never imagined he'd become the focus of photographers on a red carpet, back when he was a boy fighting to have fun.
The U.S. Department of Transportation said Friday it had fined Air Canada US$250,000 for operating flights in 2022 and 2023 in prohibited Iraqi airspace.
WeightWatchers CEO Sima Sistani, who pushed the company into embracing weight-loss drugs, is leaving the position after a two-and-a-half year stint.
Canada's gross domestic product expanded at a faster-than-expected 0.2 per cent rate in July, driven by growth in retail trade and public sectors, but the economy likely stalled in August, Statistics Canada data showed on Friday.
It's often said there is a thin line between love and hate, but is it OK to sometimes hate your long-term partner? If you ask actress Jamie Lee Curtis, it's practically necessary.
When a few weeks passed and Nana Prempeh still hadn鈥檛 heard from the guy she met on vacation, she turned to her friends for advice.
A pizza chain in Edmonton claims to have the world's largest deliverable pizza.
The United States has recaptured the lead at the Presidents Cup after a 3-1 third round of four-ball play at Royal Montreal Golf Club.
The Toronto Raptors have confirmed that Vince Carter's No. 15 will be the first number to be retired by the NBA franchise.
The Internationals stormed back with a 5-0 second-round shutout to tie the United States 5-5 in the overall score at the elite biennial men's golf tournament.
A tale about a taxicab hauling gold and sinking through the ice on Larder Lake, Ont., in December 1937 has captivated a man from that town for decades.
A U.S. driver somehow squeezed her vehicle through a parkade hallway at a Metro Vancouver casino Thursday, before getting stuck at an elevator bank.
More than 12,000 vehicles in Canada are included in two separate recalls by Toyota Motor Corp. and Mazda.
A tale about a taxicab hauling gold and sinking through the ice on Larder Lake, Ont., in December 1937 has captivated a man from that town for decades.
When a group of B.C. filmmakers set out on a small fishing boat near Powell River last week, they hoped to capture some video for a documentary on humpback whales. What happened next blew their minds.
A pizza chain in Edmonton claims to have the world's largest deliverable pizza.
Sarah McLachlan is returning to her hometown of Halifax in November.
Wayne MacKay is still playing basketball twice at Mount Allison University at 87 years old.
A man from a small rural Alberta town is making music that makes people laugh.
An Indigenous artist has a buyer-beware warning ahead of Sept. 30, the National Day for Truth and Reconciliation.
Police are looking to the public for help after thieves broke into a Lethbridge ice creamery, stealing from the store.
An ordinary day on the job delivering mail in East Elmwood quickly turned dramatic for Canada Post letter carrier Jared Plourde. A woman on his route was calling out in distress.
For decades, Melven Jones couldn鈥檛 talk about what happened to him as a child. He didn鈥檛 even remember it.
Almost 200 pages of research on the B.C. Conservative Party, which sources within BC United confirm were compiled before the party dropped out of the British Columbia election campaign to support their former rivals, have come back to haunt the new alliance.
Search and rescue volunteers were called to rescue a paraglider who crashed on a mountain near Kelowna, B.C., Friday morning.
Thousands of dead birds, from kingfishers to blue jays, encircle a wild turkey to illustrate in one snapshot a mere fragment of how many die from colliding into glass windows 鈥 a death that can be easily prevented, the Torontonian photographer says.
A man has been taken to the hospital after walking into a restaurant in Toronto鈥檚 west end late Saturday afternoon with stab wounds.
Peel Regional police have charged a suspect in connection with two alleged assaults on seniors in Mississauga that they say were unprovoked.
Alberta's premier spoke to calls for an outside, independent investigation into the death of Jon Wells during an incident involving Calgary police last week.
A Calgary city councillor's plea to have permanent residents be given the right to vote in municipal elections, an idea long dismissed by Premier Danielle Smith as unconstitutional, has been defeated.
Safaa went to Lebanon looking to meet with a specialist for her Crohn's disease. Now, she and her four children are caught in the conflict between Israel and the militant group Hezbollah.
A woman has died after being struck by a vehicle while riding her bike in Ottawa earlier this week.
The CEO of the Ottawa Mission is responding to controversial comments made this week by Premier Doug Ford about those living in homeless encampments that received swift blowback from advocates.
Quebec provincial police are investigating after a woman in her 20's was killed in an early morning car crash in the city of Gracefield on Saturday morning.
World Wrestling Entertainment Hall-of-Famer Maurice "Mad Dog" Vachon is the inspiration for a local wrestling production company that will bear his name host events on Montreal's West Island to raise money and create memories for sick children.
A commemorative rally marking the fourth anniversary of Joyce Echaquan鈥檚 death will take place in Ville-Marie on Saturday afternoon.
Members of Montreal鈥檚 Maghrebi community are gathering in a city park this afternoon to sound the alarm about what they call the 鈥渟courge鈥 of street gangs recruiting youth to carry out criminal acts.
Alberta鈥檚 government is getting pushback from some municipal leaders and support from others over its plan to build the sheriffs into a second provincial police service.
A northern Alberta woman is hoping her family's history can help reunite Indigenous families with loved ones who died at the Charles Camsell Indian hospital in Edmonton.
The start of spooky season in Edmonton is officially underway with the launch of Deadmonton on Friday night.
Communities that suffered total losses in Hammonds Plains, N.S., and Upper Tantallon, N.S., in the 2023 wildfire received a donation of trees from Northern Pulp on Saturday.
Education and infrastructure were the focus of promises made on the tenth day of New Brunswick鈥檚 provincial election campaign.
RCMP Halifax Regional Detachment say they have charged a man with multiple offences, including assaulting a peace officer with a weapon, following a disturbance in Beaver Bank, N.S.
As the temperatures begin to drop and the leaves change colour, the time for fall suppers has returned in Manitoba.
Train enthusiasts can chug down to Red River Exhibition Park this weekend for an annual event that celebrates all things locomotive.
Two cats were rescued early Saturday morning after a house fire in Winnipeg鈥檚 Westwood neighbourhood.
Minister of Health Everett Hindley wrote to healthcare provider unions on Friday inviting them to join a nursing task force, something the government previously said no to.
Fans of the undead can take part in Regina鈥檚 annual Zombie Walk on Sunday afternoon.
The Regina Police Service (RPS) welcomed a new police service dog (PSD) to their team.
It鈥檚 homecoming weekend for many students and alumni and preparations are underway to ensure it鈥檚 a safe celebratory weekend.
When Ontario鈥檚 minimum wage goes up on Oct. 1, another group of workers will also see an increase. But what is the homeworkers鈥 minimum wage?
The Kitchener Rangers returned to the Kitchener Memorial Auditorium on Friday to the roar of thousands of eager fans.
Saskatchewan RCMP says the man who sustained injuries from a serious assault earlier this month has died in hospital.
Minister of Health Everett Hindley wrote to healthcare provider unions on Friday inviting them to join a nursing task force, something the government previously said no to.
Saskatoon Public Library (SPL) has announced the appointment of Carol Shepstone as the new director of libraries and chief executive officer (CEO).
A tale about a taxicab hauling gold and sinking through the ice on Larder Lake, Ont., in December 1937 has captivated a man from that town for decades.
It's often said there is a thin line between love and hate, but is it OK to sometimes hate your long-term partner? If you ask actress Jamie Lee Curtis, it's practically necessary.
The CEO of the Ottawa Mission is responding to controversial comments made this week by Premier Doug Ford about those living in homeless encampments that received swift blowback from advocates.
On Broughdale Ave, barricades kept students to the sidewalks, and on Huron, officers kept directing the young people away from the middle of the road for emergency vehicles.
For 28 years, motorcycle riders have gathered at Hully Gully in London, Ont. to raise money for the Children鈥檚 Health Foundation (CHF) and enjoy a fall ride.
The town of Aylmer might be getting a little bit larger - it's considering expanding boundaries to include more land, and they鈥檙e holding a meeting on Thursday
Huntsville OPP is investigating a two-vehicle collision Friday afternoon that resulted in the death of a motorcycle driver.
Midland Fire Service, Southern Georgian Bay OPP and County of Simcoe paramedics responded to an early Saturday morning fire at a residence in Midland, which sent one person to hospital.
Two drivers were charged after a vehicle struck a house in northern Barrie Friday evening.
Windsor Fire Service is on the scene of a house fire in South Windsor this morning. A single-family dwelling was reported to have been the location of an early morning fire.
A collision on Friday evening has resulted in charges for a 32-year-old Lakeshore Resident.
Students looking for work while they study had an opportunity to scope out the local employment scene on Wednesday when St. Clair College held its second annual part time job fair.
For decades, Melven Jones couldn鈥檛 talk about what happened to him as a child. He didn鈥檛 even remember it.
Almost 200 pages of research on the B.C. Conservative Party, which sources within BC United confirm were compiled before the party dropped out of the British Columbia election campaign to support their former rivals, have come back to haunt the new alliance.
A strike by grain terminal workers at the Port of Metro Vancouver has ended, their employer announced Friday night.
Fire crews in Vernon, B.C., responded to a large house fire early Saturday morning.
A pair of runaway pigs are in the custody of an animal sanctuary in the Okanagan after evading police and volunteers for hours earlier this week.
The Red Bridge, a historic landmark in Kamloops, B.C., was completely destroyed by fire early Thursday morning.
The sentencing for three men convicted of helping lead and coordinate the COVID-19 protest blockade at Coutts, Alta., in 2022 has been delayed.
A 10-year-old boy from Lethbridge is being praised as a hero after a routine summer outing at the pool nearly turned tragic for his friend.
A man and woman have been charged after a Lethbridge ice creamery was broken into earlier this week. Staff arrived at Cookie Crimes, in the 300 block of Sixth Street South, just before 5:30 a.m. on Monday to discover the front window broken.
Sault residents may notice some commotion on the Algoma University campus over the next two weeks as a team conducts an archaeological search.
The Pride crosswalk in downtown Sault Ste. Marie, Ont., has been hit by vandalism for the second time in less than three months.
Despite a lead at mid-game in front of a near-capacity home crowd, the Sudbury Wolves dropped their first game of their OHL regular season to Barrie, 3-1.
A soccer game in England on Tuesday night drove a spike in online traffic across the Atlantic to a website launched by the Newfoundland and Labrador government.
Newfoundland and Labrador sponsored a minor football team in England, now they鈥檙e about to play one of the biggest clubs in European soccer.
Newfoundland and Labrador's chief medical officer is monitoring the rise of whooping cough infections across the province as cases of the highly contagious disease continue to grow across Canada.
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