(Bloomberg) -- Klaus Schwab, the founder and executive chairman ... Schwab, born in Germany, to parents of Swiss origin.

So that makes the announcement earlier this month that Klaus Schwab, WEF’s octogenarian founder is stepping back from his day to day management of the shindig something of a moment for Davos.

Klaus Schwab, the founder and executive chairman ... Mr Schwab was born in Germany to parents of Swiss origin. While the organisation he founded has frequently faced the charge of elitism, he ...