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The World Economic Forum’s founder, Klaus Schwab, has plotted a return to the organisation through an advisory role that would give him a say in appointing its future leadership, the Wall Street Journal reported on Monday, citing letters to board members.
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For decades, Schwab had been the face of the WEF’s annual gathering of business and political leaders in the Swiss mountain resort of Davos, which has become a symbol of globalisation.
He resigned from the WEF in April last year following a whistleblower letter alleging misconduct. The WEF closed an investigation in August 2025, clearing him of any wrongdoing.
BlackRock CEO Larry Fink and Roche Holding’s vice-chair Andre Hoffmann were appointed as interim co-chairs of the WEF board.
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A representative for Schwab declined to comment on the WSJ report. WEF did not immediately respond to a Reuters request for comment on the reports.
(Reporting by Kanjyik Ghosh in Barcelona; Editing by Alex Richardson and Tomasz Janowski)
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This story was originally published July 6, 2026 at 11:23 AM.