Klaus Schwab's Transition and the WEF's Governance Evolution
| Category | Details |
|---|---|
| Key Figure | Klaus Schwab |
| Role Transition | From Executive Chairman to Chairman of the Board of Trustees by January 2024 |
| Organization | World Economic Forum (WEF) |
| Location | Geneva, Switzerland |
| Transition Reason | Planned "governance evolution" from founder-led to distributed leadership structure |
| New Leadership | President and Managing Board to assume full executive responsibilities |
| Founding Year | 1971 |
| Legacy | Annual gatherings in Davos, Switzerland, addressing global issues and leadership practices |
| Recent Themes | Focus on immediate global crises and sustainability; 2023 theme: "Cooperation in a Fragmented World" |
| Criticism | Seen as a platform for the elite; criticized for contributing to global carbon emissions |