World Economic Forum Chief Executive Officer Borge Brende is stepping down from his position after it emerged he had ties with convicted pedophile Jeffrey Epstein.
Alois Zwinggi will serve as interim chief and president, according to a statement by the forum’s Co-Chairs Andre Hoffmann and Larry Fink on Thursday.
“The Board of Trustees will oversee the leadership transition including the plan to drive a proper process to identify a permanent successor,” the statement said.
The WEF said earlier this month that it had opened a probe into Brende. The Norwegian said at the time that he was “completely unaware of Epstein’s past and criminal activities.”
“After careful consideration, I have decided to step down as President and CEO of the World Economic Forum,” Brende said Thursday, without referring to Epstein.
