Klaus Schwab to step down as WEF chairman after 53 years

The World Economic Forum confirmed on Tuesday that its founder, Klaus Schwab, is stepping down from the day-to-day leadership of the organization after more than 50 years, CNBC reported.

The World Economic Forum (WEF) announced on the 21st that Klaus Schwab, who has been involved in the organization's management since its founding 50 years ago and has served as chairman, will resign as chairman of the forum by January 2025. Schwab has been involved in the management of the WEF since its founding at the age of 71.

World Economic Forum Sees Major Leadership Shake-Up as Klaus Schwab Steps Down

World Economic Forum founder Klaus Schwab will be stepping down from his role as leader of the global gathering. Schwab announced the change in an email to WEF staff on […] The post World Economic Forum Sees Major Leadership Shake-Up as Klaus Schwab Steps Down appeared first on The Western Journal.

WEF’s Klaus Schwab Stepping Down as Executive Chairman

Klaus Schwab, the founder and executive chairman of the World Economic Forum (WEF), will be stepping down from his leadership role, the transnational group confirmed in a statement. Citing an internal email from Mr. Schwab to WEF staff on Tuesday, Semafor first reported the news that he would be stepping away from his role as the face of the organization. Subsequently, in a statement on its website, the WEF confirmed that Mr. Schwab would be tra…

World Economic Forum founder Klaus Schwab to step back from executive role

The World Economic Forum, established by Klaus Schwab in 1971, is known for its annual gathering of political and business leaders in Davos, Switzerland.