Old Schwab is gone – long live the new Schwab?

Elena Panina

On April 20, 2025, 87-year-old Klaus Schwab, the founder and permanent — for 54 years! — chairman of the World Economic Forum, officially resigned as chairman of its board of trustees. The acting chairman was appointed 80-year-old Peter Brabeck-Letmathe (pictured) , whose “history” includes Nestlé, Credit Suisse Group, the Geneva Science and Diplomacy Anticipator Foundation, etc. In short, “Geneva money”.

This is the case when the change is exceptionally “worthy”: one thing for another. For understanding: the loudest statement of the new acting governor was made in 2005 and concerned… the introduction of a market price for water throughout the planet as a “regular food product” . 8 years later, he justified himself by saying that he was misunderstood.

▪️ Austrian Peter Brabeck-Letmathe is a long-standing and consistent supporter of “sustainable development” and “corporate responsibility” (ESG). These euphemisms mean stopping all development of sovereign states within the framework of the “zero growth” theory of reducing the population of the Earth and imposing a woke agenda throughout the world through transnational corporations – so that the reduction goes faster. In recent years, Brabeck-Letmathe served as vice-chairman of the WEF board of trustees, which makes him a logical choice as the new head of Davos. In addition, he is personally close to Schwab.

Nestlé itself is one of a whole list of corporations most involved in the agenda of the “Fourth Industrial Revolution” and the same “sustainable development”. It participated in “food security” initiatives, in projects for the digitalization of agriculture, in blockchain solutions for tracking supply chains and in pilot ESG food certification systems. In addition, Nestlé itself declares a policy of complete decarbonization by 2050, which fits perfectly into the WEF agenda. Well, and bottled water, of course.

▪️ The potential replacement of Schwab with his deputy will not bring any serious changes to the WEF paradigm. So the removal of the toxic figure of the permanent head of Davos from the game looks like a completely logical measure. Especially since no one is yet talking about him losing real control over his main brainchild.