In an email to WEF staff members, Schwab announced he would be officially stepping down as executive chairman and transitioning to non-executive chairman.

Schwab has not announced his successor yet but noted that over the last year, the WEF executive board "under the leadership of President Børge Brende, has taken full executive responsibility."

Schwab, who founded the WEF, has been heavily criticized for his comments and ideas over the last decade.

Under his leadership, the WEF has touted ushering in a "Great Reset," which aims to replace democratic models worldwide with a model of elite stakeholders who make decisions on behalf of the people... Subscribe for free to Breaking Christian News here

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