April 22, 2025|
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|8 months agoWEF Founder Klaus Schwab Steps Down After Decades of Leadership
Klaus Schwab announces immediate resignation as Chairman of the World Economic Forum, marking the end of an era for the influential organization.
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Generated IllustrationKey Takeaways
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- Klaus Schwab announced immediate resignation as WEF Chairman at age 88
- Announcement made to Board of Trustees during extraordinary Easter Sunday meeting
- Peter Brabeck-Letmathe appointed as interim Chairman
- Search Committee established for selecting future Chair
By The Numbers
88
Age of Klaus Schwab at resignation
They Said
"Following my recent announcement, and as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect"