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World Economic Forum founder Klaus Schwab to exit leadership role

WEF said that since 2015 it has been transforming from a 'convening platform' to a leader of public-private cooperation.

WEF Founder Klaus Schwab at Davos (AN/WEF/Sandra Blaser)

GENEVA (AN) — The founder of the vaunted Swiss nonprofit organization that hosts the annual gathering in Davos will step down next year after more than 50 years in the top job.

After much speculation over its continuity plans, the World Economic Forum said its founder, Klaus Schwab, will leave his job of running the Geneva-based organization and become a non-executive chairman.

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