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Keyword: huntschwabdown

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  • WEF clears founder Schwab of wrongdoing; appoints interim co-chairs

    08/16/2025 12:03:12 PM PDT · by DFG · 26 replies
    Reuters ^ | 08/15/2025 | Mrinmay Dey
    The World Economic Forum closed an investigation on its founder Klaus Schwab on Friday, clearing him of any wrongdoing, and appointed BlackRock (BLK.N), opens new tab CEO Larry Fink and Roche Holding's (ROG.S), opens new tab vice-chair Andre Hoffmann as interim co-chairs of its board. The Geneva-based organisation had launched an investigation in April into 87-year-old Schwab following a whistleblower letter alleging misconduct. The probe was announced a day after Schwab resigned as chairman. The forum at that time did not say why he was quitting. For decades, Schwab has been the face of the WEF's annual gathering of business...