Klaus Schwab, founder of the World Economic Forum which gathers the world’s business and political elite in the Swiss mountain village of Davos every year, has resigned as chair of its board of trustees, the WEF said on Monday.
The Geneva-based institution had announced earlier this month that Schwab, 87, would be stepping down, without indicating a timeframe.
“Following my recent announcement, and as I enter my 88th year, I
