Klaus Schwab to Step Down as World Economic Forum Executive Chairman

Arch-globalist and head of the World Economic Forum Klaus Schwab has reportedly informed staff that he will be stepping down as WEF executive chairman.

The 86-year-old self-appointed Sultan of Davos sent an email to staff on Tuesday announcing that he will no longer run the world’s most prominent globalist advocacy group although he will likely stay on in some non-executive role, the website Semafor claimed.

A WEF spokesman told the website that the Forum will be changing its governance structure and that as a result, Schwab “will transition from Executive Chairman to Chairman of the Board of Trustees” by the start of next year.