Nutrisystem, Inc. (NASDAQ: NTRI), a leading provider of weight management products and services, today announced that Andrea Weiss has joined the Company’s board of directors, effective immediately. She replaces Michael F. Devine, who has resigned from the board.
Ms. Weiss, 57, is the founder and current President and Chief Executive Officer of Retail Consulting, Inc., a boutique consulting practice focused on product and brand development, consumer contact strategies, operational improvements, and turnarounds, and has served as its President and Chief Executive Officer since its formation in October 2002. She has extensive specialty retail experience, having served in several senior executive positions with dELiA*s Inc., The Limited, Inc., Intimate Brands, Inc., Guess, Inc., and Ann Taylor Stores, Inc. Ms. Weiss currently serves on the board of directors of Cracker Barrel Old Country Store, Inc. and Chico’s FAS, Inc. Previously, Ms. Weiss served on the boards of directors of GSI Commerce, Inc. from 2006 to 2011 and eDiets.com, Inc. from 2004 to 2009.
Mike Hagan, Chairman of the Nutrisystem board of directors, stated, “Andrea Weiss brings a unique perspective to the Nutrisystem board, having been directly responsible for the marketing and development of several of the most recognizable retail brands for women in the United States. As over 70 percent of Nutrisystem’s customers are women, her insight and knowledge of this important demographic will be invaluable as we execute our turnaround plan. In addition, she brings ecommerce expertise through her board membership at GSI Commerce, and knowledge of the diet industry as a result of her directorship at eDiets, both of which are analogous to Nutrisystem’s business.”
Andrea Weiss added, “I’m thrilled to join the board at Nutrisystem, which is one of the most enduring brands in the weight loss industry. As Americans continue to struggle with obesity, Nutrisystem has the products and services consumers need to meet their weight loss goals. I believe the company has a nearly unlimited opportunity to build its business, and I look forward to working with Dawn Zier, Mike Hagan, and the board to execute on our growth opportunity.”
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