Most recently, the World Economic Forum in Davos seemed to find less and less attention. Now the founder of the annual meeting of the business and politics elite, Klaus Schwab, withdraws as chairman of the WEF curatorium.
The founder of the World Economic Forum (WEF) in Davos, Klaus Schwab, resigns from his office as chairman of the WEF curatorium. “After my recent announcement and at the beginning of my 88th year of life, I decided to withdraw from the position of the chairman and as a member of the board of trustees with immediate effect,” the WEF quoted him in a message. The committee has temporarily entrusted Vice Chairman Peter Brabeck-Letmathe with the tasks of Schwab.
The withdrawal of the German economist comes at the time of a rather dwindling public perception of the annual meeting of the international political and economic elite in the Swiss Nobel Skiort. The WEF had recently increasingly got into the shadow of the Munich security conference.
Founded in 1971 by Schwab
The Board of Trustees expressed its thanks for 55 years of “tireless leadership” of the WEF. During a time of rapid change, dialogue is more important than ever, it said with a view to the coming years. The WEF claims to “improve the state of the world”.
The World Economic Forum is a foundation that Schwab founded in 1971. The forum became one of the most important meetings for top politicians, top managers, scientists and representatives of civil society from all over the world. The WEF is based in Geneva. It employs 600 people worldwide in Geneva, New York, Beijing and Tokyo.
