Oprah Winfrey holds more than 6 million shares of Weight Watchers stock. (Photo: Dimitrios Kambouris, Getty Images) 14 CONNECT TWEET 111 LINKEDIN 3 COMMENT EMAIL MORE The Oprah effect may be back. The star power generated by Oprah Winfrey helped power Weight Watchers to a healthy profit in the first quarter, reversing a sizable loss in the same quarter last year. Winfrey, the billionaire media mogul, is not only a major investor for Weight Watchers, but a top celebrity endorser as well.

The past several decades have seen a steady parade of public company governance changes. There is near-universal agreement that the use of independent directors has done much to improve the integrity and effectiveness of public company boards ...

This is nothing new and is simply a tax evasion mechanism. Steve Jobs did it. Zuckerberg and others are on the bandwagon. There's a whole article from Forbes about this -- nothing "bold" about it...