No successor has been named yet. His parents had moved from Switzerland to Germany during the Third Reich in order for his father to assume the role of director at Escher Wyss AG , an industrial company and contractor for the Nazi regime. Kennedy School of Government at Harvard University. Schwab was professor of business policy at the University of Geneva from to , and since then has been an honorary professor there.
Schwab founded the Global Shapers Community in within the WEF to work with young people in "shaping local, regional and global agendas. Schwab has authored or co-authored several books. Some consider him to be "an evangelist" for "stakeholder capitalism". He also criticised Schwab for showing that future technologies may be used for good or evil, but not taking a position on the issues, instead offering only vague policy recommendations.
The Financial Times ' innovation editor found "the clunking lifelessness of the prose" led him to "suspect this book really was written by humansβones who inhabit a strange twilight world of stakeholders, externalities, inflection points and 'developtory sandboxes'.
The Swiss radio and television corporation SRF mentioned this salary level in the context of ongoing public contributions to the WEF and the fact that the Forum does not pay any federal taxes.
Yet shortly after the deal went through, Schwab took a board seat at the same company, reaping valuable stock options. On June 29, , The Wall Street Journal published an article, authored by staff reporters Shalini Ramachandran and Khadeeja Safdar, stating that Schwab is accused by former WEF employees of having engaged in two instances of sexual harassment. Furthermore, a former employee alleges that she was "pushed out" from her role as leader of an initiative for startups, following a brief trial period, after telling Schwab she was pregnant.
