World Economic Forum founder Klaus Schwab to step back from executive role

World Economic Forum founder Klaus Schwab to step back from executive role

The World Economic Forum confirmed Tuesday that founder Klaus Schwab is moving away from the day-to-day management of the organization after more than 50 years at the helm.

The forum said that the move was part of a multiyear strategy to change its management structure, shifting governance to a president and managing board. Børge Brende is currently president of the WEF.

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World Economic Forum founder Klaus Schwab to step back from executive role

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