Klaus Schwab Steps Down as WEF Chairman Following Allegations of Sexual Harassment
Frank Bergman
World Economic Forum (WEF) founder Klaus Schwab is stepping down as chairman of the globalist organization he created.
Schwab has informed the WEF’s board of trustees that he will “start the process” of stepping down as chair, a spokesperson for the Geneva-based institution revealed on Thursday.
The news comes after Schwab was recently accused of sexual harassment, racism, and misogyny by several female WEF employees.
Schwab’s decision also comes after President Donald Trump’s return to power has delivered a death blow to the WEF’s globalist agenda.
The Financial Times first reported that Schwab said the WEF, which convenes annual gatherings in the Swiss resort of Davos, must recover its “sense of mission” after a period of turmoil.
The outlet cited a letter to trustee board members and confirmation by two people with knowledge of the situation.
Schwab did not give a timeline for his departure from the organization.
However, the WEF said in a statement to the FT that the process should be completed by January 2027.
Schwab will remain in this role until a successor is appointed, the WEF spokesperson told Reuters, without providing a timeline.
Last year, Schwab said he would give up executive duties in 2025 after 55 years at the WEF.
He stated that his duties would be handed over to a team led by Borge Brende
Brende was a former foreign minister of Norway and has been the WEF’s president since 2017.
“It is also financially very well equipped thanks to successful financial management since its beginning,” Schwab said of the WEF to the FT.
What is essential now, after the turmoil of the last months, is to recover our sense of mission,” he said.
Without specifying, the upheaval he was referring to appears to be Trump’s second presidential term, the report added.
However, the “turmoil” could also have been a reference to an investigation into the WEF
The Wall Street Journal last year reported that the WEF’s board was working with a law firm to investigate its workplace culture.
It came after the newspaper reported allegations of a culture of harassment and discrimination at the organization.
As Slay News reported, Schwab was accused of sexual harassment, discrimination, and various forms of inappropriate behavior by several employees.
Multiple female staffers at the WEF have gone on record to accuse Schwab of sexual harassment.
Schwab is also accused of discriminating against women and black people.
According to the Wall Street Journal, multiple staffers alleged that Schwab creates a hostile work environment.
The report quotes internal complaints, email exchanges, and interviews with staff members and people aware of the practices.
Among the allegations of discrimination was Schwab’s policy of firing employees over 50, an apparent move to lower the average age of the workforce.
The investigation found that the WEF human resources chief, Paolo Gallo, refused to comply with this directive without valid performance-related reasons.
The economic heavy weight that is cindy will fill that job easily.
Never underestimate the power to wreck.
Look at he damage adern did to NZ from 2019 to 2022.
Don’t look away from facts in front of your eyes.
Adern never worked alone. Nor do these people.
The traitor luxon is largely isolated in NZ and working against his notional party base that gave him power (a mere one in three voters ) but he only has to hang in for another 18 months and he will be rewarded.
Bigly.
Just as adern has been rewarded.eg Multi hundred thousand dollar speaking engagements; a USD 20 million handout from Melinda Goates and much more we will never hear about.
The wealth these politicians can generate now is huge, and rapid so they are willing to throw their country under the bus .
Their families are set up for generations to come.
It is illogical to consider what Starmer or Albanese are doing to their country until you realise they are being and will be well rewarded. Starmer will be in for over GBP 200 million
Tony Bliar has been well rewarded over the years, esp for taking Britain into Iraq 2003 and wrecking it
Cui bono
Where does the money come from?
People talk about the gain in wealth in the tech and pharma sector in the last five years .
Well these people pay a TAX for their gains
usually a quarter of the gain.
They keep three quarters of a lot of money.
one hand washes the other
So there is now huge money floating about to pay off politicians, now they have refined the system
The puff piece above is way off target, It may even be planted disinformation to assuage the little people.
see some Whitney Webb for more
the likes of Russell Brand and Redacted know nothing of consequence, or tell nothing of consequence.
Yup. I was thinking she’d be perfect – the effectiveness of their organisation would plummet.
After six months of the Mad Queen waffling on about “feelings” & “kindness” I reckon that the WEF will call it quits & disband.
Be right up the bitches alley, bullshit and plaster!
….Multiple female staffers at the WEF have gone on record to accuse Schwab of sexual harassment.
…
Big Woop
These accusations only work for the people they want to GET
and anyway he has simply stepped down as Executive Chairman to non executive chairman.
….He did not give a timeline for his departure from the organisation, but the WEF said in a statement to the FT that the process should be completed by January 2027…..
He is 87 now so 2 more years he is 89
I had though that queer creep Yuval Noah Harari was set to take over ? !
the above is excitable babble
The events in WEF is like a cut hand on a person, a broken windscreen on a car. These are repaired.
WEF has solid support within NZ parliamentary traitors
and
Klaus’s bastard son, Dr Oliver Hartwich is in NZ to guide the ship of state.