
Arya News - His resignation comes less than a month after world leaders, academics and major business heads gathered for the forum’s annual meeting in Geneva.
( NewsNation ) — Borge Brende, CEO of the World Economic Forum , announced his resignation Thursday amid an investigation into his relationship with convicted sex offender Jeffrey Epstein .
His resignation comes less than a month after world leaders, academics and major business heads gathered for the forum’s annual meeting in Geneva . In a news release , Brende said his decision to step down as CEO after nearly nine years was made after careful consideration.
“We have seen a record number of partners join us, and we have had a very successful Annual Meeting in Davos behind us, where we engaged with governmental leaders from all over the world like never before,” Brende said. “I am grateful for the incredible collaboration with my colleagues, partners, and constituents, and I believe now is the right moment for the Forum to continue its important work without distractions.”
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In the release, the forum’s Board of Trustees thanked Brende for his contributions and named Alois Zwinggi as interim president and CEO.
“The independent review conducted by outside counsel has concluded. The findings stated that there were no additional concerns beyond what has been previously disclosed,” co-chairs André Hoffmann and Larry Fink said on behalf of the board.
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Brende is the second notable figure linked to Epstein to resign this week. On Wednesday, Harvard University confirmed former Treasury Secretary Larry Summers would resign from his remaining roles at the end of the year, following a university review of documents related to Epstein.
Summers stopped teaching in November, when the school began investigating newly released documents from the Department of Justice. He will remain on leave until his resignation, the university said.
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