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Davos founder Klaus Schwab faces whistleblower investigation

Fresh claims follow allegations last year that the chair presided over a toxic workplace culture at the organisation

The World Economic Forum has launched an investigation into whistleblower allegations against its founder, Klaus Schwab, accelerating his exit from the organisation behind the annual Davos gathering for business and political leaders.

Schwab resigned as chair of WEF’s board of trustees with immediate effect on Sunday at an extraordinary meeting, where trustees discussed fresh claims against the founder that had surfaced in what the organisation called a “whistleblower letter”.

The trustees unanimously supported a decision to call in legal advisers and launch an independent investigation, the WEF said.

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