September 28, 2024

"WeightWatchers CEO Sima Sistani abruptly stepped down Friday after a two-year stint that included a controversial embrace of weight-loss drugs like Ozempic and Wegovy."

The NY Post reports.
Sistani pushed the 61-year-old company — famous for in-person meetings and portion control — to buy a telehealth platform that connected patients with doctors who can prescribe the popular obesity medications. However WeightWatchers’ shares have been in freefall, plummeting more than 90% this year. The stock was down nearly $3 Friday, trading below $1.

The interim CEO is Tara Comonte, the former president of Shake Shack.

Is there some mysterious order in that chaos?

25 comments:

Achilles said...

Too bad all you have to do is to eat red meat and eggs and 90% of the health issues Americans have go away in about 6 weeks.

We were not meant to eat plants. Grains and high carbohydrate foods are poison clearly demonstrated by expanding waste lines and diabetes/metabolic disease rates over the last several decades.

Iman said...

“WeightWatchers’ shares”… who knew?

Iman said...

Shakin’ it Shakin’ it shake
and then hit weight watchers

n.n said...

Drugs or a healthy diet. The Choice... uh, choice is yours.

Quaestor said...

Not chaos, symbiosis.

Roger Sweeny said...

ALL "exercise and diet" plans had disappointing results. The new drugs have been way more successful. WW is a leader in a market that is disappearing.

Money Manger said...

Alcoholics Anonymous (AA) is a buy at $32.00 a share.

Quaestor said...

Making money to fatten ‘em up, then making money to slick ‘em down is like selling muscle cars and accident insurance in the same office.

Wince said...

James Corden made an interesting point about why he thinks these "weight loss" drugs didn't work for him.

The drugs curb hunger. But if you overeat, it's usually not because of hunger. Instead, it's something else, like food addiction.

Do these drugs curb hunger or make food less gratifying?

Lloyd W. Robertson said...

Part of the original appeal of Coke and Pepsi was that they were more exciting than water--and maybe safer. Once municipal water was available, very safe, there were new fears, chlorine and such. As Lewis Black says, now Coke and Pepsi make money from bottled water.

Mike (MJB Wolf) said...

All restaurants operate on portion control so perhaps the new ceo signals a return to best practices.

Dixcus said...

If obese people lose the weight, they don't need to continue purchasing food from Weight Watchers. Seems counter-productive for a publicly-traded company to eliminate the need from their customers.

Remember how Joe Biden was going to cure cancer. That would have emptied our hospitals. Can't have that. That leads to layoffs of doctors and nurses. Health care is a core Democrat constituency. That motivates Democrats to keep the hospitals full and explains why they were so keen to put Covid-infected patients into ill-equipped and unprepared nursing homes.

Never trust your health care to a bunch of people motivated to keeping you sick.

Dixcus said...

How much fluoride are they putting in your Coke these days?

wild chicken said...

Yeah try that paleo diet on someone with chronic kidney disease.. LOL

Levi Starks said...

Has anyone looked at the food pyramid lately?
It’s absurd. It places meat/sugar sharing the pinnacle even though they’re at opposite ends of the nutrition spectrum.
While the foundation is carbohydrates. Hello… carbs = sugar to your body.
Meanwhile a just released cardiac health study has shown that high LDL cholesterol has no impact on heart health (clogged arteries) as long as it’s the result of a KETO (high protein high fat) diet. Never mind what you’ve been told (and my wife continues to believe for the last 50 years.

Lazarus said...

Shake Shack to Weight Watchers. Priceless.

gilbar said...

2 years ago last July, i was declared diabetic (A1C 6.6, 374lbs)..
and they hooked me up with metformin and a dietitian.
The dietitian had me count carbs (i get up to 75 grams PER meal.. which is a STILL a LOT).
I asked her about sugar? and she told me; "sugars and carbs are THE SAME THING"
by following her advice (AND the metformin (AND walking, ALOT)), my A1C is 5.2; and as of today, my weight was 244.9lbs)

The IMPORTANT THING IS.. losing weight. We, as a nation; need to Shame and Deride obese people (like ME!) for their own good.
IF an Obese person wants to ride an airplane, they should be required to buy TWO (or THREE) seats, and wear a sign that says:
"I (gilbar) am a fat disgusting slob!"
it's for my OWN GOOD

Big Mike said...

Is there some mysterious order in that chaos?

No

Ted said...

The point of drugs like Wegovy is that they reduce the impulse to eat, so you don't NEED a program like Weight Watchers to lose weight. (Ironically, some insurance providers require proof that you've been on an organized program like Weight Watchers for six months to a year, and failed to lose weight, in order to cover the drugs. But that's more a way of adding an additional hurdle so they don't have to pay for the extremely costly medication.)

dwshelf said...

Over time, these drugs will become generic and cheap.

They work, but they work by putting one on the edge of
being sick, and food is not attractive. But maybe life
isn't as attractive either.

What they don't do, at all, is prepare you for life without
the drug. You don't learn how to eat without gaining
weight.

What remains to be seen is if maybe low dosages can
work on a permanent basis, allowing a balance between
joy of life and weight maintenance.

mikee said...

Grains and carbs are fine, just not in vast amounts and definitely not loaded with high fructose corn syrup to the point that most of the calories are pure sugar.

mikee said...

I'm having a steak and fries for dinner tonight.

n.n said...

The problem is that people are eating the wrong quality and quantity of nutrients, which leaves them hungry, metabolically dysfunctional, susceptible to pathogens, and create inflammatory conditions where molecules like cholesterol will migrate and accumulate to block blood flow. Most health care treatments address conditions caused by choice.

gilbar said...

never used either of these drugs, but among the (many) side affects of metformin, is that it (supposedly) reduces hunger pangs/cravings/etc..
don't know if that's true, but i DO know that i haven't felt like i was starving or anything since i started it (of course, i STILL eat a LOT, just WAY less than i used to.
among metformin's Other side affects are that it:
makes your body be less good at digesting for (at least, for me (can you spell bulimia?)
However, food is STILL very attractive, i just don't fixate on it

NeggNogg said...

I can't speak to the Weight Watcher's issue, but there is one application for these new drugs that I think needs some discussion.
My understanding is that they are now being prescribed to seriously mentally ill adults being treated for schizoaffective disorders and the like. The drugs used to treat these conditions often cause uncontrollable weight gain, which can lead some patients to stop treatment. Wegovy and similar drugs are now given as well, and help minimize/manage the weight gain. If that makes the lives of these patients just a little bit easier, I'm all for it.