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Weight Watchers (WTW) Stock Slumps in After-Hours Trading, CEO Chambers Resigns

NEW YORK (TheStreet) -- Shares of Weight Watchers (WTW) were dropping 5.41% to $9.80 in after-hours trading on Monday after the company announced that CEO James Chambers is resigning effective September 30.

The New York-based weight management services provider said it is beginning the search for a new CEO.

Weight Watchers' board has created an interim office to lead the company until a permanent CEO is appointed. The three members of the office are: CFO Nicholas Hotchkin and...


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