PhillyInc: Female director named to Nutrisystem, Pep Boys boards

Andrea Weiss joined Pep Boys, Nutrisystems boards.
Andrea Weiss joined Pep Boys, Nutrisystems boards.
Posted: March 16, 2013

Old news: Companies have very few women on their boards of directors.

Welcome news: Nutrisystem Inc., of Fort Washington, and Pep Boys - Manny, Moe & Jack, of Philadelphia, both just added a woman to their male- dominated boards.

Unusual twist: It's the same woman.

Andrea M. Weiss was appointed to Nutrisystem's board on March 4. Eight days later, Pep Boys added Weiss, 57, to its board.

For the last decade, Weiss has been president and CEO of an Orlando-based boutique consulting practice called Retail Consulting Inc. Her resumé includes stops at retailers such as Ann Taylor, delia's, Guess, Intimate Brands, and The Limited.

So it would seem self-evident why consumer-oriented companies like Nutrisystem (selling meal plans) and Pep Boys (selling auto parts and service) would want her expertise on their boards.

And these aren't the first local companies to persuade Weiss to hop on a plane to Philadelphia occasionally. She was a board member for five years at King of Prussia-based GSI Commerce Inc., which was bought by eBay Inc. for $2.4 billion in 2011.

Of the seven directors for Pep Boys listed in its latest proxy statement, two were women: Jane Scaccetti and M. Shan Atkins. Adding Weiss and an online retail executive - Robert Rosenblatt, president of ideeli since October - will increase Pep Boys' board to nine directors.

In joining Nutrisystem, Weiss replaces Michael F. Devine, who resigned after 51/2 years. She'll be the second woman on the weight-loss company's eight-member board. The other is Dawn M. Zier, who took over as CEO in November.

She also serves on the boards of women's clothing retailer Chico's FAS Inc. (since 2009) and casual dining chain Cracker Barrel Old Country Stores Inc. (since 2003).

Such boardroom toil is lucrative. As a director, Weiss received total compensation of $185,203 from Chico's and $304,860 from Cracker Barrel, according to their most recent proxies. Nonemployee directors at Nutrisystem and Pep Boys tend to receive total compensation of $110,000 on average.

Add it all up and Weiss stands to make $710,000 in compensation in 2013 from serving on the boards of four public companies.


Contact Mike Armstrong

at 215-854-2980 or marmstrong@phillynews.com, or @PhillyInc on Twitter. Read his blog, "PhillyInc," at www.phillyinc.biz.

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