World Economic Forum founder Klaus Schwab steps back from executive post(semafor.com)
Schwab has not named his successor, but said that over the last year, the group’s executive board, “under the leadership of President Børge Brende, has taken full executive responsibility.”
https://en.wikipedia.org/wiki/B%C3%B8rge_Brende
He needs a better photo.
I think the timing of the retirement is interesting, though Schwab is 86. His Wiki page notes:
In June 2021, Schwab sharply criticised the "profiteering", "complacency" and "lack of commitment" of the municipality of Davos in relation to the WEF annual meeting. He mentioned that the preparation of the COVID-related meeting in Singapore in 2021/2022 had created an alternative to its Swiss host and sees the chance that the annual meeting will stay in Davos at between 40 and 70 per cent.
Profiteering? 🤔
