Klaus Schwab Begins Transition from World Economic Forum Leadership

The WEF founder's departure process is set to conclude by January 2027, following workplace allegations and calls to restore the organization's mission.

• Klaus Schwab has officially started the process of stepping down as chair of the World Economic Forum's board of trustees after over 50 years at the helm.
• The transition, expected to be completed by January 2027, follows Schwab's earlier move to a non-executive role in May 2024.
• The WEF faced allegations of workplace discrimination and harassment under Schwab's leadership, prompting an external investigation that found no legal violations but identified leadership issues.
• Schwab emphasized the need for the WEF to recover its 'sense of mission' after recent challenges, including internal and external criticisms of the organization's practices.
• The 87-year-old plans to focus on writing his memoirs, marking the end of an era for the forum he founded in 1971.

3 Articles

Breitbart Blaze Media One America News Network