Klaus Schwab Retires as Chairman of the World Economic Forum After Over 50 Years
Klaus Schwab has stepped down as chairman of the World Economic Forum, marking the end of an era for the influential organization he founded.
Overview
Klaus Schwab, the founder of the World Economic Forum, has retired as chairman after 55 years, with Peter Brabeck-Letmathe appointed as interim chairman. The forum emphasizes the importance of inclusive dialogue in a transforming world. Schwab's departure comes amid recent allegations of workplace discrimination at WEF, which the organization claims are unfounded. A search committee has been established for a permanent successor as the WEF continues its mission to bring leaders together for global cooperation and progress.
Content generated by AI—learn more or report issue.
Read both sides in 5 minutes each day
Analysis
- Klaus Schwab has officially retired as chairman of the World Economic Forum, marking the end of a significant era for the organization he founded over 50 years ago.
- The WEF aims to continue its mission of facilitating global dialogues and cooperation as various leaders gather to address pressing issues facing the world today.
- Former Nestle CEO Peter Brabeck-Letmathe has been appointed as the interim chairman while a search for a permanent successor is underway.
Articles (3)
FAQ
Peter Brabeck-Letmathe, former Nestle Chairman and CEO, has been appointed as the interim chairman of the World Economic Forum.
Klaus Schwab served as chairman of the World Economic Forum for 55 years.
The World Economic Forum emphasizes the importance of inclusive dialogue to navigate complexity and shape the future, continuing its mission to bring leaders together to exchange ideas and build cooperation.
Yes, the World Economic Forum is facing recent allegations of workplace discrimination, which the organization claims are unfounded.
A search committee has been established to select a permanent successor to Klaus Schwab as chairman of the World Economic Forum.
History
- This story does not have any previous versions.