Klaus Schwab Steps Down from WEF
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World Economic Forum founder Klaus Schwab, 87, steps down from board

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Klaus Schwab steps down from the board of directors after more than 50 years at the helm.
He will be succeeded on an interim basis by the WEF ’s vice chairman Peter Brabeck-Letmathe .
Schwab started what became the World Economic Forum in 1971 as a management symposium.
The forum has begun a search process for a future chair.
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