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Schwab is stepping down from his role as WEF executive chairman

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Klaus Schwab is synonymous with the World Economic Forum (“WEF”) which he has managed for over 50 years. He said in an email to staff on Tuesday that he is stepping down from his role as executive chairman.

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In the email, shared with Semafor, Schwab said will be stepping down as executive chairman to become non-executive chairman.  He added that the change in his role is pending approval by the Swiss government.

It hasn’t been reported why Schwab requires the approval of the Swiss government.  WEF is a Swiss non-profit foundation, recognised by the Swiss authorities as an international body.  In Switzerland, the government has a role in approving certain changes to non-profit organisations, including those related to leadership and governance. This is to ensure that the organisation remains transparent, accountable, and compliant with Swiss laws and regulations. So perhaps this is the reason.

Yesterday Reuters reported that Schwab will be chairman of the WEF’s board of trustees, whose members include European Central Bank boss Christine Lagarde and BlackRock Chairman Larry Fink. Executive responsibilities will rest with a team led by WEF President Børge Brende, the low-key Norwegian who was formerly the Nordic country’s foreign minister.

A spokesperson for WEF said that the organisation is “transforming from a convening platform to the leading global institution for public-private cooperation.” WEF’s governance structure is set to change as a result, the spokesperson said, and Schwab “will transition from Executive Chairman to Chairman of the Board of Trustees” by January 2025.

As Tessa Lena noted: “The change is cosmetic. The ambitions of the aspiring masters are still the same. Our job, in my opinion, is still to remember our souls, pray for clarity and for the healing of ourselves and the world, pray for protection and guidance, choose bravely, and starve the metaphorical vampires of what they like to eat, i.e. pain, anger, dejection, betrayal, etc.”

Read more: The Great Reset for Dummies, Tessa Lena, 28 October 2020

Lena’s opinion is corroborated by a comment made by Barron’s: “The announcement that Schwab will be stepping back from executive leadership after more than 40 years at the top marks the culmination of WEF’s long transformation, since 2015, from a ‘founder-managed organisation to one where a president and managing board assume full executive responsibility’.”

Schwab has not named his successor.

The Forum operates much like a family business, Semafor noted, with Schwab’s children appointed to high-ranking positions and his wife Hilde heading the organisation’s foundation and awards ceremonies in Davos.

For a non-profit, it’s a nice little money earner.  As reported by Semafor, WEF brought in nearly $500 million in revenue in the year ending March 2023 and had a neat 200 million Swiss francs sitting in cash.

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author avatar
Rhoda Wilson
While previously it was a hobby culminating in writing articles for Wikipedia (until things made a drastic and undeniable turn in 2020) and a few books for private consumption, since March 2020 I have become a full-time researcher and writer in reaction to the global takeover that came into full view with the introduction of covid-19. For most of my life, I have tried to raise awareness that a small group of people planned to take over the world for their own benefit. There was no way I was going to sit back quietly and simply let them do it once they made their final move.

Categories: Breaking News, World News

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Watcher Seeker
Watcher Seeker
1 year ago
daisy
daisy
Reply to  Watcher Seeker
1 year ago

Unfortunately, you are right. That’s another hope dashed……..

Stive
Stive
1 year ago

A suggestion as to why Schwab needs Swiss govt approval. First must understand what Switzerland actually is.
We are not talking about Swiss people majority but their rulers.
The knight Templars of the Vatican did many crusades. They murdered Moslems and Jews and any non Catholic Christians in the east. They were evil and horrid. Finally they were defeated and fled went back to Europe with tons of plundered loot and wealth. The Knights Templars asked the Vatican if they could be given their own knight Templars land to rule. They were given land and it got named Switzerland. Now you understand the Vatican Switzerland connection with Swiss guards in the Vatican. Switzerland I’d knight Templars or a branch of the Vatican. Schwab needs the ok from the equivalent of the Jesuits. Switzerland is an extremely evil nation, but that does not mean every day Swiss people.

Dave Owen
Dave Owen
Reply to  Stive
1 year ago

Hi Stive,
Thank you for that information.
Most Nazi leaders were Roman Catholics.
Most leaders in WW2, on both sides were Freemasons.
The Swiss were neutral.
Starting to make sense now.

Squirrelsrule
Squirrelsrule
1 year ago

A diabolical maniac is to be taken seriously? The entire crew of the WEF Worship have and are acting upon their genocidal tendencies. WHO? World domination. This is what happens when the “lesser gods” get bored.

Abdiel
Abdiel
1 year ago

Schwab is trying to mitigate his punishment with this move. Go on, Switzerland. Force him to stay in his position.

rachel
rachel
1 year ago

Thank you for the insightful articles you write, combining factual information with the knowledge of what is really occuring with the globalists.
My suggesstion would be to look into the issue of Guantanamo bay
trials for the worlds top demons, child rapists, child traffickers, and military tried for treason. MANY MANY MANY have been executed, and some appear to be alive but have been replaced with clones. Cheers.

Dave Owen
Dave Owen
Reply to  rachel
1 year ago

Hi rachel,
I hope what you say is true.
At the moment we have no way to prove either way.
There is too much going off at the present time.
We are in strange times.

MK Maynard
MK Maynard
1 year ago

Who among WEF’S members pray and to whom do they pray? Certainly not God.

boris
boris
1 year ago

does he say WHy he is stepping down? i thoght he is a man of action and seeing through his Demonic Plans!!!! Hang him now

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1 year ago

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