DJ Khaled Named Weight Watchers Ambassador!

Shares of Weight Watchers rose nearly 6 percent Tuesday after the company announced that music producer DJ Khaled will be its “social media ambassador” in 2018.
Weight Watchers said Khaled will document his progress on social media as he completes the “WW Freestyle” weight-loss program.
Khaled has a wide following on social media. As of Tuesday morning, he had 3.92 million followers on Twitter. The music mogul also gets 3 million to 4 million views per Snap on Snapchat and has 8.9 million followers on Instagram.

“By capturing and sharing his process, he will enliven and inspire his community, showing that it’s possible to integrate healthy habits into your life,” Weight Watchers President and CEO Mindy Grossman said in a release.
With the Khaled endorsement, the company is likely trying to keep the momentum it’s seen since signing Oprah Winfrey, as well as expand more into the male demographic.

“Weight Watchers is all about being great and being your best self,” said Khaled. “My son is my love, my life, and I need to be great for him. To be great is to be healthy; to be healthy means a shift in my lifestyle, and the new WW Freestyle program is all about healthier habits for my life. The WW program and community is my partner in this process to greatness, and I’m grateful for what’s to come and to share my journey with you all.”

The WW Freestyle program was launched last month with a campaign featuring Winfrey, who holds a 9.87 percent stake in Weight Watchers. Winfrey has made about $300 million since investing in the company in 2015, with her endorsement boosting sales and the value of the stock.
The press release did not comment on Khaled’s compensation.

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