Meet the new WEF chairman, Peter Brabeck-Letmathe, former CEO of Nestle, who famously stated in 2017: “Humans have no right to access free water.”
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DW — The founder of the World Economic Forum (WEF), Klaus Schwab, resigned on Monday as chairman of the forum’s board.
“Following my recent announcement, and as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect,” he said in a statement released by the WEF.
The German-born economist did not offer a reason for leaving the Geneva-based WEF, which organizes annual meeting of the international political and economic elite in the Swiss luxury ski resort of Davos.
Vice Chairman Peter Brabeck-Letmathe will serve as interim chairman, with the search for a new chair having begun after Schwab’s resignation was accepted at an extraordinary meeting on April 20.
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