Klaus Schwab Steps Down as WEF Chairman

馃く Davos Boss Calls It Quits

By Unusual Whales
Apr 21, 2025, 3:37 PM
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Klaus Schwab, the founder and chairman of the World Economic Forum (WEF), has announced his immediate resignation from his position.​ This development comes three months after the January 2024 WEF annual meeting in Davos, where Schwab faced public criticism, including a notable interaction with AI chatbot Grok.​

Schwab founded the WEF in 1971 and has been its executive chairman for over 50 years.​ The organization has been influential in shaping global economic policies and discussions.​

Key points:

  • Resignation is effective immediately
  • Follows recent public scrutiny
  • Ends a 50+ year tenure

No successor has been announced yet.​

Sources
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