Schwab Announces Retirement From World Economic Forum

World Economic Forum founder and executive chairman Klaus Schwab will be stepping back from his role running the global gathering since he founded it in 1971.

Schwab announced his intentions in an email to staff on Tuesday that was shared with Semafor by a person connected to the organization.

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He will be stepping down as executive chairman and transitioning to a role as non-executive chairman, he said, adding the change in his role is pending approval by the Swiss government.

Ed Morrissey

I'll talk with Adam Baldwin about this in an upcoming Amiables episode, certainly. We've discussed Schwab's role in organizing the Left-elite clique in past conversations. I doubt that Schwab will disappear entirely from Davos, however. 

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