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Saudi’s New ‘Davos in the Desert’ Boss Leaves After Six Months

Summary by Semafor
The ScoopThe new CEO of Saudi Arabia’s highest profile investment summit has quit after just six months on the job.Penny Richards, who joined from the Aspen Institute in February, has left the Future Investment Initiative Institute, according to an internal document seen by Semafor and a person familiar with the matter. FII Institute organizes the kingdom’s flagship conference that has attracted Wall Street titans including BlackRock’s Larry Fin…

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prwire.com.au broke the news in on Tuesday, July 15, 2025.
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