US EditionWorld Economic Forum Courts Lagarde as Its Next Leader After Founder’s Abrupt Exit
- Klaus Schwab, founder of the World Economic Forum, abruptly left the organization last month amid accusations and clashes with directors.
- Schwab planned to stay until early 2027, but his early departure disrupted plans to appoint Christine Lagarde as his successor.
- The WEF board, currently led by interim head Peter Brabeck-Letmathe, is navigating the fallout while seeking a leader who can reform the group and retain CEO support.
- Membership fees generated 271 million Swiss francs last year, and the board still favors Lagarde despite her ECB term ending in 2027 and her previous commitment to serve it fully.
- The leadership vacuum and allegations mark a pivotal moment for the influential WEF as it aims to preserve its annual Davos event and maintain global financial elite engagement.
11 Articles
11 Articles
The French economist will replace Klaus Schwab at the head of the Davos institution. Another prestigious role. Yet from Greece to the green transition, up to the energy crisis, she has always managed to make them all wrong.Christine Lagarde, despite having made disasters wherever it was, stands for and...
Klaus Schwab's sudden resignation raises questions about the future of the World Economic Forum (WEF). Christine Lagarde, President of the European Central Bank, is referred to as the Topavorite.
Former President of the Central Bank of Brazil, Roberto Campos Neto will also work with the Institute of Milken, United States
His statements on the commercialization of water once sparked worldwide protests – now former Nestlé CEO Peter Brabeck-Letmathe is temporarily taking over the leadership of the WEF. At the same time, an investigation into allegations of financial and ethical misconduct against founder and longtime chairman Klaus Schwab is underway.
World Economic Forum chases Christine Lagarde as its next leader
World Economic Forum chases Christine Lagarde as its next leaderThe World Economic Forum still sees European Central Bank President Christine Lagarde as the top candidate to replace its founder Klaus Schwab as the WEF leader, Bloomberg News reported. Schwab abruptly stepped down as chair of the WEF board of trustees last month as the organization launched an investigation into him following a whistleblower letter […] The post World Economic Foru…
Klaus Schwab's sudden departure from the World Economic Forum, the influential organization he founded and led for more than half a century, has made it difficult for carefully elaborated plans to convince Christine Lagarde to take over the rudder in a seamless transition, as familiar people report.
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