💨 Abstract

Klaus Schwab, founder of the World Economic Forum, has announced his retirement as chairman after 55 years. He is stepping down immediately and former Nestle Chairman Peter Brabeck-Letmathe has been selected as interim chairman. The forum's annual meeting in Davos serves as a global hub for decision-makers, academics, and leaders to discuss policy, global crises, and deal-making.

Courtesy: wtop.com

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