WW International, Inc. Announces CFO Transition
27 November 2024 - 11:00PM
WW International, Inc. (NASDAQ: WW) (“WeightWatchers,” “WW,” or the
“Company”) today announced the appointment of Felicia DellaFortuna
as Chief Financial Officer, effective January 1, 2025. She succeeds
Heather Stark, who will remain with the Company through December
27, 2024.
“We are thrilled to welcome Felicia DellaFortuna as our new
Chief Financial Officer at this pivotal time for WeightWatchers,”
said Tara Comonte, Interim Chief Executive Officer. “Felicia brings
extensive experience in strategic financial leadership, operational
excellence, and enterprise value creation that will be instrumental
as we navigate this critical period of transformation. Our industry
is evolving rapidly, and so is WeightWatchers. With Felicia's
expertise, we will execute on improving our business and delivering
sustainable, long-term growth with discipline and focus to ensure
WeightWatchers remains the undisputed global leader in weight
management now and into the future.”
Comonte added, “I also want to take this opportunity to
sincerely thank Heather for her many contributions to
WeightWatchers. Her leadership has been important in navigating the
business through a rapidly changing global healthcare landscape,
and we are deeply grateful for her dedication and impact during
such an important chapter in the company’s history.”
DellaFortuna is an accomplished financial leader with a track
record of driving operational efficiency and fostering growth. As
Chief Financial Officer of Enthusiast Gaming, a global gaming media
platform, she led financial strategy and operations, driving the
business to profitability and strengthening its balance sheet in
the dynamic digital media sector.
Previously, as Chief Financial Officer of BuzzFeed, Inc.,
DellaFortuna played a pivotal role in its transformation into one
of the first profitable pure-play digital media companies. She
diversified revenue streams and enhanced its growth strategy,
unlocked synergies across business units, and led corporate
development initiatives, including the acquisitions of Complex
Networks and HuffPost. Earlier in her career, she held senior
finance roles at Viant Technology Inc. and XIX Entertainment.
DellaFortuna began her career at Ernst & Young in Transaction
Advisory Services and Audit. A Certified Public Accountant, she
brings deep expertise in navigating complex business environments
with precision and discipline.
“I am honored to join WeightWatchers at such a transformative
moment in its journey,” said DellaFortuna. “The company has an
incredible legacy positively empowering millions of people within
its communities, and delivering industry-leading innovation over
many decades. I am excited to collaborate with the team to foster
financial discipline, support key strategic initiatives, and
position WeightWatchers for sustained growth and long-term
success.”
About WW International, Inc. WeightWatchers is
the global leader in science-backed weight management, providing an
accessible, holistic model of care through our #1
doctor-recommended Points Program, clinical interventions including
weight-loss medications, and community support. Since 1963, we have
empowered our millions of members to build healthy habits to live
longer lives. Our innovative, trusted spectrum of solutions
provides members with the tools and resources they need to reach
and sustain their goals wherever they are on their journey. To
learn more visit weightwatchers.com or
corporate.ww.com.
This news release includes “forward-looking statements,” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, including, in particular, any statements about the
Company’s plans, strategies, objectives, initiatives, roadmap and
prospects. The Company generally uses the words “may,” “will,”
“could,” “expect,” “anticipate,” “believe,” “estimate,” “plan,”
“intend,” “aim” and similar expressions in this news 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 that could cause the Company’s
results to differ materially from those expressed or suggested in
any forward-looking statement, including, among other things the
risks and uncertainties detailed from time to time in the Company’s
periodic reports filed with the United States Securities and
Exchange Commission (the “SEC”), including the disclosure contained
in Item 1A. Risk Factors in the Company’s 2023 Annual Report on
Form 10-K filed with the SEC, as updated by the Company's other
filings with the SEC. 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 news release or to
reflect the occurrence of unanticipated events or otherwise.
Readers are advised to review the Company’s filings with the SEC
(which are available on the SEC’s EDGAR database at www.sec.gov and
via the Company’s website at http://corporate.ww.com).
For more information, contact:
Investors:
John Mills or Anna Kate Heller
WeightWatchers@icrinc.com
Media:
Kelsey Merkel
Communications@ww.com
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