Silverfire
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- Mar 1, 2023
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Klaus Schwab, the founder of the World Economic Forum (WEF), has retired as chairman and member of the Board of Trustees, effective immediately, as of April 21, 2025.
Schwab, 87, announced his retirement without initially providing a reason. Peter Brabeck-Letmathe, former Nestle Chairman and CEO, was appointed as interim chairman.
Whistleblower Allegations: The allegations against Schwab, detailed in an anonymous whistleblower letter, include financial misconduct, such as using WEF funds for personal expenses and inappropriate treatment of employees.
WEF Response: The WEF board has unanimously supported the Audit and Risk Committee's decision to initiate an independent investigation. The organization emphasizes that the allegations remain unproven and will await the outcome of the investigation.
Schwab's Denial: A spokesperson for the Schwab family has denied all allegations and stated that Klaus Schwab intends to file a lawsuit against the author of the anonymous letter and anyone spreading these claims.
Impact and Criticism: The WEF, known for its annual gathering in Davos, has faced criticism for being an elitist event detached from the lives of ordinary people. The organization has also been dealing with negative reports about its internal culture.
^ copied from Brave search ^
I wanted to share this news with the Zevist Family. Schwab retired the same day the pope died, and it seems that it was attempted to be flown under the radar.
Schwab, 87, announced his retirement without initially providing a reason. Peter Brabeck-Letmathe, former Nestle Chairman and CEO, was appointed as interim chairman.
Whistleblower Allegations: The allegations against Schwab, detailed in an anonymous whistleblower letter, include financial misconduct, such as using WEF funds for personal expenses and inappropriate treatment of employees.
WEF Response: The WEF board has unanimously supported the Audit and Risk Committee's decision to initiate an independent investigation. The organization emphasizes that the allegations remain unproven and will await the outcome of the investigation.
Schwab's Denial: A spokesperson for the Schwab family has denied all allegations and stated that Klaus Schwab intends to file a lawsuit against the author of the anonymous letter and anyone spreading these claims.
Impact and Criticism: The WEF, known for its annual gathering in Davos, has faced criticism for being an elitist event detached from the lives of ordinary people. The organization has also been dealing with negative reports about its internal culture.
^ copied from Brave search ^
I wanted to share this news with the Zevist Family. Schwab retired the same day the pope died, and it seems that it was attempted to be flown under the radar.