WEF Chief Executive Steps Down Following Epstein Connections Investigation
World Economic Forum CEO Børge Brende has announced his resignation from the prominent global organization after revelations emerged about his connections with convicted sex offender Jeffrey Epstein. The resignation comes following a formal investigation by the WEF into Brende's relationship with the disgraced financier.
Epstein Documents Reveal Meetings
Recently released documents from the Epstein files show that Brende arranged to meet Epstein at the financier's New York residence for dinner in both 2018 and 2019. Epstein was arrested in 2019 on federal sex trafficking charges and died in jail later that same year while awaiting trial.
The WEF initiated an investigation earlier this month after these connections became public. Brende, who previously served as Norway's foreign minister, stated at the time that he was "completely unaware of Epstein's past and criminal activities" but acknowledged he should have conducted more thorough due diligence regarding Epstein's background.
Investigation Concludes Without Additional Findings
WEF co-chairs Andre Hoffmann and Larry Fink announced on Thursday that the organization's investigation has concluded. Their statement indicated that the findings revealed "there were no additional concerns beyond what has been previously disclosed" regarding Brende's interactions with Epstein.
Despite the investigation's conclusion, Brende has decided to step down from his position. In his resignation statement, he cited "careful consideration" as his reason for leaving but made no specific mention of Epstein or the investigation. Brende served as WEF CEO for more than eight years.
Leadership Transition and Organizational Challenges
The WEF Board of Trustees will oversee the leadership transition process, including identifying a permanent successor. Swiss businessman Alois Zwinggi has been appointed as interim chief and president during this transition period.
This resignation adds to recent challenges facing the World Economic Forum. The organization has faced difficulties over the past year following the departure of founder Klaus Schwab amid accusations of financial misconduct and leadership conflicts. The WEF's flagship Davos meeting this year marked the first without Schwab's participation, though he was subsequently cleared of wrongdoing after an investigation.
Norwegian Figures in Epstein Documents
Brende is not the first prominent Norwegian figure to face repercussions from the Epstein documents released by the U.S. Department of Justice. Revelations about former Prime Minister Thorbjørn Jagland, diplomat Terje Rød-Larsen, and Crown Princess Mette-Marit have all generated significant public concern and discussion in Norway.
The CEO position at the World Economic Forum is primarily an operational role, distinct from the high-profile chairman position long held by founder Klaus Schwab. The organization continues to navigate leadership changes while maintaining its global economic and policy initiatives.
