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Klaus Schwab Resigns as WEF Chairman
Klaus Schwab, the founder of the World Economic Forum (WEF), widely known for its annual Davos meetings, has resigned from his role as chairman and f
menafn.com
(MENAFN) Klaus Schwab, the founder of the World Economic Forum (WEF), widely known for its annual Davos meetings, has resigned from his role as chairman and from the WEF board, the organization announced Monday.
"Following my recent announcement, and as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect," Schwab stated.
The board unanimously selected Vice Chairman Peter Brabeck-Letmathe to serve as interim chairman. A search committee has also been formed to identify a permanent successor.
Good riddance to bad rubbish.
I've nothing good to say about the guy.