Davos meet founder Klaus Schwab steps down from WEF board
- Klaus Schwab, founder of the World Economic Forum , has resigned as chair of its board of trustees, effective immediately, as he stated he is stepping down as he enters his 88th year.
- The WEF board accepted Schwab's resignation during an extraordinary meeting on April 20, appointing Vice Chairman Peter Brabeck-Letmathe as interim chairman.
- A committee has been established to select a future chair for the WEF after Schwab's departure, which was announced earlier this month.
- The WEF, founded in 1971, is recognized for gathering world leaders and business figures to address global challenges, despite facing criticism for elitism.
101 Articles
101 Articles
World Economic Forum chairman Klaus Schwab steps down
The founder of the World Economic Forum (WEF), Klaus Schwab, resigned on Monday as chairman of the forum's board. "Following my recent announcement, and as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect," he said in a statement released by the WEF. The German-born economist did not offer a reason for leaving the Geneva-based WEF, which organizes annual …
Klaus Schwab officially resigns as World Economic Forum Chairman
Klaus Schwab has announced his immediate resignation as Chairman of the Board of Trustees of the World Economic Forum, WEF. Schwab informed the Board of Trustees of his decision at an extraordinary meeting on Easter Sunday. The WEF announced this in a press release on Monday, adding that the 88-year-old did not provide any further details on the reason for his resignation. “Following my recent announcement and as I enter my 88th year, I have dec…
Klaus Schwab (87) resigns as chairman of WEF supervisory board: with Great Reset he became a victim of his own success
Klaus Schwab is a victim of his own success. His World Economic Forum has become a megalomaniac networking event. Since the 86-year-old German launched The Great Reset during the corona crisis, his club has been fodder for conspiracy theorists. On Monday, the WEF announced that Schwab has resigned as chairman with immediate effect.
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