Business
SIMA SISTANI NAMED CEO OF WW INTERNATIONAL, INC.
The Co-Founder and CEO of Houseparty and Executive at Epic Games Joins WW as CEO on March 21 Completing Planned Leadership Transition NEW YORK, Feb. 24, 2022
About this update from Ww International, Inc.
[{"type":"text","content":"The Co-Founder and CEO of Houseparty and Executive at Epic Games Joins WW as CEO on March 21 Completing Planned Leadership Transition\n\n\nNEW YORK, Feb. 24, 2022 /PRNewswire/ -- WW International, Inc. (NASDAQ: WW) announced today that Sima Sistani, the Co-Founder and former CEO of Houseparty and a senior leader at Epic Games, will join the Company as Chief Executive Officer effective March 21st. In addition, she will join the WW Board of Directors on the same date. Her appointment follows Mindy Grossman's previously announced decision to step down as CEO and President at the end of Q1. To ensure a seamless transition, Mindy will now depart WW on March 18th.\n\n \n \n \n \n \n \n\n \nMs. Sistani co-founded Houseparty in 2016 as a face-to-face synchronous social network with the intention of bringing empathy to online communication. Under her leadership, it grew to a community of over 150 million users and was acquired by Epic Games in 2019. At Epic, she serves as the senior executive leading social gameplay and feature development for their gaming products including Fortnite. Previously, Sistani led mobile growth operations at Yahoo! during a pivotal transition to mobile-first. After Yahoo! acquired Tumblr in 2013, Sistani became their first Head of Media propelling them to become the fastest-growing social network in under six months.\n\"Sima is an innovator and a true disrupter, starting with her role at Yahoo!, proving herself a visionary as co-creator of the social media phenomenon Houseparty and continuing today through her current role at Epic Games,\" said Raymond Debanne, Chair of the Board of Directors, WW. \"Her vision and expertise in the digital, social and gaming spaces perfectly position her to help lead us through this historic moment as the world emerges from the pandemic and as people begin to reprioritize their physical health and wellness.\"\n\"What immediately struck me about Sima beyond her own personal experience as a WW member was her ability to envision alternative realities at the intersection of the social and digital worlds. She is passionate and purposeful about building community, and I am excited to partner with her as we continue to spread the word of WW around the globe.\" said Oprah Winfrey.\n\"I had the pleasure of first meeting Sima over two years ago and she immediately impressed me with her p...