Oprah Winfrey Steps Down From WeightWatchers Board After Announcing Use of Weight-Loss Meds

Oprah Winfrey is stepping down from her role with WeightWatchers.

The 70-year-old media mogul announced plans to give up her spot on the company’s board after nearly a decade in the position. Her decision comes several months after she revealed that she’d been taking weight-loss medication.

She revealed what she’d be doing with her stocks and issued a statement about the decision.

Keep reading to find out more…

According to Variety, Oprah informed WeightWatchers‘ shareholders about her decision during a meeting this month.

When she joined the board in 2015, she owned a 10% stake in the company. She now owns approximately 1.4% of the company and plans to donate the stock to the National Museum of African American History and Culture.

Her remaining stocks are estimated to be worth less than $4 million.

“I look forward to continuing to advise and collaborate with WeightWatchers and CEO Sima Sistani in elevating the conversation around recognizing obesity as a chronic condition, working to reduce stigma, and advocating for health equity,” Oprah shared in a statement.

WeightWatchers stressed that the decision wasn’t due to a discrepancy with the company.

“Her decision was not the result of any disagreement with the company on any matter relating to the company’s operations, policies or practices,” they said.

Oprah is one of 17 stars who has admitted to taking medication to assist with weight loss.