WSJ: Schwab Eyes Return to World Economic Forum

Klaus Schwab, founder of the World Economic Forum (WEF), plans to return to the organization. The Wall Street Journal reported on Monday, citing internal letters sent to board members, that he is expected to take on an advisory position.

The role would give Schwab significant influence over the appointment of the forum's future leaders. For decades, Schwab was the public face of the WEF's annual January meeting of political and business leaders in the Swiss resort of Davos, which has become synonymous with globalization.

Schwab stepped down as chairman of the World Economic Forum in April 2025 after an anonymous whistleblower raised allegations of misconduct in a letter. The forum subsequently launched an independent investigation into the allegations, which was concluded in August 2025 and found no evidence of wrongdoing by Schwab.

Following his departure, BlackRock CEO Larry Fink and Roche vice chairman André Hoffmann were appointed as interim co-chairs of the organization’s board of directors.

Schwab’s personal representative declined to comment on the latest reports. The World Economic Forum itself did not immediately respond to a request for comment.

(Reuters, Max)