by Steve Watson, Modernity News:
The World Economic Forum’s globalist founder Klaus Schwab is stepping down amid what its trustee board members have described as a period of “turmoil,”and in an effort for the Davos elites to “recover our sense of mission.”
The news was reported by the Financial Times, which cited a letter to trustee board members and further confirmation by two insiders.
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The report notes that Schwab stepping down as non-executive chair of the board of trustees “came as a surprise” given he only transitioned into the job in the past few months from his previous role as… overlord of the operation.
Founder Klaus Schwab to step down as World Economic Forum’s chair https://t.co/mAotqtrIpT pic.twitter.com/yhtPlbLQ6E
— Reuters Business (@ReutersBiz) April 4, 2025
The FT reported that the letter said in part “I am deeply convinced that in today’s special context the forum is more important and relevant than ever before.”
“It is also financially very well equipped thanks to successful financial management since its beginning. What is essential now after the turmoil of the last months, is to recover our sense of mission,” the letter further states, according to the report.
The WEF said in a statement that the process of Schwab leaving should be completed by January 2027.
