Overview

• Preliminary findings describe a decade-long pattern of workplace bullying, intimidation and inappropriate remarks toward female executives under Schwab’s leadership.
• Investigators flagged over $1.1 million in questionable travel and expense claims by Schwab and his wife, including first-class flights and hotel massages.
• Leaked documents claim Schwab directed staff to alter the Global Competitiveness Report to portray post-Brexit Britain as weaker and boost India’s ranking.
• Schwab has denied all allegations, filed a criminal complaint against his accusers in Geneva and pledged to reimburse any misallocated funds.
• Swiss law firm Homburger is expected to deliver its final report by the end of August, after which the WEF board will assess governance changes and possible referrals to regulators.