WeightWatchers shares drop 14.8% after CEO transition announced
WeightWatchers shares (WW) fell 14.8% in the afternoon session. The company said Stephen Bye will become President, Chief Executive Officer and a Board member effective this fall.
What Happened? 8% in the afternoon session after The company named Stephen Bye President, Chief Executive Officer, and a member of the Board, effective this fall. According to a company press release, Bye most recently led Ookla…