World Economic Forum founder Klaus Schwab to step back from executive role
Publishing timestamp: 2024-05-21 13:48:12
Summary
Klaus Schwab is stepping away from day-to-day management of the World Economic Forum after more than 50 years. The organization is undergoing a leadership transition to shift governance to the president and managing board. Schwab will become chairman of the board of trustees, and the change in leadership will be completed before the next Davos gathering in January 2025. The World Economic Forum aims to continue providing an independent platform to address global challenges.
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