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NEW: BREAKING: Klaus Schwab Resigns as World Economic Forum Ch | We The Media

NEW: BREAKING: Klaus Schwab Resigns as World Economic Forum Chairman.

Klaus Schwab, founder and long-time executive chairman of the World Economic Forum (WEF), emailed staff on Tuesday to announce his intent to step down. The email indicated that Schwab, who has led the organization since 1971, will move to a non-executive chairman role. The transition is awaiting approval from the Swiss government and is anticipated to be completed before the WEF’s annual meeting in 2025.

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