Oprah Is Weight Watchers' Best Paid, Most Absentee Director
- Star investor collected $264,753 from company in pay last year
- She attended fewer than 75 percent of the 10 board meetings
The Weight Watchers app on Feb. 24, 2016.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Oprah Winfrey collected the biggest compensation among the directors of Weight Watchers International Inc. last year, despite skipping several board gatherings and not attending the company’s annual meeting.
Winfrey, who agreed in 2015 to buy a stake in the weight-loss company and join its board, received $264,753 for her services last year, according to a regulatory filing Monday. That’s more than twice the amount given to the second-highest-paid director, Denis Kelly. Winfrey’s pay included a benefits-plan contribution tied to her promotional work for the company that no other director received.