Institutional update: May 2024
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Since 2015, the World Economic Forum has been transforming from a convening platform to the leading global institution for public-private cooperation. As part of that transformation, the organization has also been undergoing a planned governance evolution from a founder-managed organization to one where a President and Managing Board assume full executive responsibility. By January 2025, Klaus Schwab will transition from Executive Chairman to Chairman of the Board of Trustees. In addition, the Forum’s prominent Board of Trustees will be organized around four strategic committees to further reinforce the impact of our work. These shifts underscore our institutional continuity in providing an independent and impartial platform to address the complex challenges of an interconnected world.
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