WeightWatchers 2013 Annual Report Download - page 8

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James R. Chambers
President & Chief Executive Officer
cultural forces of a more entrepreneurial organization, including agility, teamwork
and empowerment. We are entering 2014 with a re-energized executive team
focused on delivering our transformation and achieving our Company potential.
On the team are several new faces, including Lesya Lysyj, who recently joined
Weight Watchers as President of our North America business unit. Lesya
is a seasoned marketer and is already making valuable contributions to the
Company. Also recently joining the team is Dan Crowe, our new Chief Technology
Officer, who is leading the charge in making our technology stronger and more
flexible to enable a more efficient product development engine and attack the
healthcare opportunity. Across the organization, we are focused on investing in
capabilities that drive member success and we are continually looking for process
improvements and efficiencies in all supporting activities.
Before closing, I note with sadness the passing of John F. Bard, a member of
the Company’s Board of Directors and Chairman of its Audit Committee. For
over 10 years, John provided insight, support and guidance to the Company –
he will be missed.
We would like to thank all of our members, service providers, employees, directors
and shareholders for their contributions and support throughout the year. The
transformation of Weight Watchers will be a multi-year effort, and it certainly will
not be easy. While we have our work cut out for us, our strong brand, talented
team, and incredible members give us a solid foundation upon which to build.
I believe deeply in the opportunity ahead of us, the potential of our business and
the power of the Weight Watchers brand, and I am confident that we have the
strategic plan and team in place to transform the Company and position it for
growth over the long term.
Sincerely,