Klaus Schwab left his job running the World Economic Forum right away. He told everyone about this during a special meeting on Easter Sunday. The group shared this news on Monday but didn't explain why he decided to leave. Schwab simply said that after turning 88, he wanted to step down from his position immediately. The board picked Peter Brabeck-Letmathe to take over for him until they find someone permanent.
Schwab started the WEF in 1971. He created it as a place where important government leaders could meet with business executives. They come together at these meetings to discuss major problems happening around the world. The forum has become known for its yearly meetings, where powerful people discuss global issues. Schwab led this organization for over fifty years before deciding to resign.
Schwab started the WEF in 1971. He created it as a place where important government leaders could meet with business executives. They come together at these meetings to discuss major problems happening around the world. The forum has become known for its yearly meetings, where powerful people discuss global issues. Schwab led this organization for over fifty years before deciding to resign.
