SCHWAB FAMILY STILL IN CONTROL OF WEF

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SCHWAB FAMILY STILL IN CONTROL OF WEF

Klaus Schwab may be stepping down, but the Schwab family will still run the World Economic Forum.

Schwab's wife, Hilde, oversees the WEF's foundation and its awards ceremonies.

His son, Olivier Schwab, serves as the Managing Director of the WEF.

His daughter, Nicole Schwab, is a member of the executive committee and co-heads the Platform to Accelerate Nature-Based Solutions.

Critics argue that the family's continued influence raises concerns about transparency and accountability within the organization.

Sources: BBC, World Economic Forum