WEF founder, executive chairman Klaus Schwab to step back from current role.

Economy Business

Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF), will step back from his current role and become chairman of the board of trustees by next January, the organization said on Tuesday. The Geneva-based institution said in an emailed statement it was undergoing a planned "governance evolution" from a founder-managed organization to one where the president and the managing board assume full executive responsibility.


      The forum, which was established by Schwab in 1971, is known for its annual gathering of political and business leaders in Davos, Switzerland.

     

     

 

     


About WEF

HQ- Cologny, Switzerland
          ____________________________