FIRST AIRED: April 26, 2017

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

We've got more news

Get our editor’s daily email summary of what’s going on in the world.

US Edition
Intl. Edition
Replay Program
0:00
0:00
More Info

COMING UP:Share Opener Variant 4

×

Transcript

00:00:00
>> I love bread.>> Oprah Winfrey has finally found her CEO. Weight Watchers Wednesday tapping Mindy Grossman, the current chief executive of the Home Shopping Network, to lead the company. In a statement, Winfrey, who owns a 10% stake in the diet business, and has been searching for a new CEO for months, Calling Grossman a successful visionary, and investors seem to agree.
00:00:25
Shares of the company up roughly 13% after the close. Grossman will officially take over in July, and will also join the Weight Watchers board. She leaves HSN behind, after leading the company for almost a decade. In 2014 Grossman was named fortune's business person of the year, and has been named one of the world's 100 most powerful women three times by Forbes magazine