US EditionDavos meet founder Klaus Schwab steps down from WEF board
- The World Economic Forum announced Monday that Klaus Schwab stepped down as Chairman with immediate effect.
- Schwab founded the global organization in 1971 and led it for 55 years.
- The board of trustees accepted his resignation Sunday during a special meeting and appointed an interim chairman.
- Schwab led the organization for 55 years and enters his 88th year.
- A search committee will select a future chair while the forum continues its mission.
164 Articles
164 Articles
Former Nestlé CEO To Lead the World Economic Forum
Klaus Schwab, founder and central figure of the World Economic Forum (WEF), has announced his departure from the role of Chairman of the Board, a position he has held since establishing the organization in 1971. The announcement, made public on April 21st, comes at a delicate moment for the institution, following the launch of an internal investigation into Schwab’s management of resources and governance structures involving his family circle.Th…
Klaus Schwab is out; Peter Brabeck-Letmathe takes over with immediate effect
At the beginning of this month, Klaus Schwab announced that he would begin the process of stepping down as the chairman of the board of trustees for the World Economic Forum (“WEF”). He didn’t give a timeline for his departure but said the process should be completed by January 2027. On Sunday, at an extraordinary
Schwab did not justify his decision to step down as head of the organization he has led for the past 55 years. Over the years, both the millionaire and the World Economic Forum have been surrounded by a series of controversies.The planet's most influential globalist, he was accused of promoting a plan according to which world power would be taken over by a narrow group of elections.Over time, several scenarios appeared in the press claiming that…
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