In an announcement, the company said it will start a financial reorganization to “better serve its millions around the world.

or more important,” said Tara Comonte, Chief Executive Officer of WW. Comonte suggested that the filing was supported by lenders, who are committed to helping the company shed its $1.15 billion ...

The legal process will see $1.15bn (£860mn) of the 60-year-old diet brand's debt written off while it agrees new terms for paying back its lenders.

The iconic weight management brand’s Chapter 11 filing comes as weight-loss drugs such as Ozempic have ascended.

CEO Tara Comonte said the company’s more than 3 million members won’t be impacted as the company restructures more than $1 billion in debt. WeightWatchers has filed for Chapter 11 bankruptcy ...

CEO Tara Comonte said the weight-loss program has no plans to shut down, and that its 3.4 million members would not be affected WeightWatchers WeightWatchers filed for Chapter 11 bankruptcy in an ...

In September, WW International CEO Sima Sistani resigned, and the New York company named Tara Comonte, a WeightWatchers board member and former Shake Shack executive, interim chief executive. Comonte, ...

WeightWatchers has filed for Chapter 11 bankruptcy, and in an exclusive interview aired on TODAY May 7, WW CEO Tara Comonte is revealing how the move will affect its 3.4 million members.