Davos boss quits – media

Klaus Schwab, the founder of World Economic Forum, will reportedly transition to role of non-executive chairman

World Economic Forum (WEF) founder and executive chairman Klaus Schwab has announced he will step back from his role, after more than 50 years at the head of the event, according to the Semafor news platform.

The article cites a letter from Schwab to staff on Tuesday in which he outlines his intention to transition to a...