Downfall in Davos: Klaus Schwab fights for legacy after WEF whistleblower claims

World Economic Forum Chases Lagarde as Its Next Leader After Founder’s Abrupt Exit

Klaus Schwab’s abrupt departure from the World Economic Forum, the influential organization he founded and led for more than half a century, has complicated carefully laid plans to persuade Christine Lagarde to assume the helm in a seamless transition, according to people familiar with the discussions.

Its powerful founder is accused of harassment and discrimination, while every year that passes the event receives more criticism and loses influence

Downfall in Davos: Klaus Schwab fights for legacy after WEF whistleblower claims

Ousted head of World Economic Forum battles impropriety allegations and second probe into his conduct in a year

The Unraveling of the King of Davos

A stunning fall from grace for World Economic Forum founder Klaus Schwab came amid threats against board members and allegations of financial impropriety, which he denies

Klaus Schwab resigned as president of the Davos Forum and is investigated by a wave of complaints about irregularities in the organisation.

Daily Compliance News: May 15, 2025, The Downfall in Davos Edition - Compliance Podcast Network

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News—all from the Compliance Podcast Network. Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional. Top stories include: T…