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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