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Klaus Schwab steps down at WEF

Mint New Delhi

|

April 22, 2025

The founder of the World Economic Forum (WEF), Klaus Schwab, has stepped down from the organization's board of directors after more than 50 years at the helm.

The founder of the World Economic Forum (WEF), Klaus Schwab, has stepped down from the organization's board of directors after more than 50 years at the helm. He will be succeeded on an interim basis by WEF's vice chairman Peter Brabeck-Letmathe, the former chief executive officer (CEO) and chairman of Nestle SA, according to a statement by t

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