The World Economic Forum (WEF) is under heightened global scrutiny following the resignation of its president and CEO, Børge Brende, on February 26, 2026. Brende’s departure comes after revelations about his contacts and communications with Jeffrey Epstein, the late financier charged with sex crimes involving minors. The controversy, fueled by newly released documents and media reports, led to an independent investigation and mounting public pressure, prompting Brende to step down to ensure the forum’s continued work and credibility. Huanqiu+2
Brende, who had led the WEF for over eight years, announced his resignation in Geneva, citing the need for an “undisturbed continuation” of the forum’s mission. The WEF board expressed respect and gratitude for his service, and an interim leader has been appointed while a search for a permanent successor is underway. Brende’s resignation follows the earlier departure of Klaus Schwab as chair, also amid Epstein-related scrutiny, highlighting a period of significant leadership upheaval at the organization. Mainichi Shimbun+2
The scandal centers on Brende’s documented dinners and correspondence with Epstein, as revealed in recently released Epstein documents. Brende claimed he was unaware of Epstein’s criminal history during their interactions. The WEF conducted an independent internal review, which found no evidence of additional misconduct or undisclosed meetings. However, the exposure of these contacts, including discussions about strengthening Davos’s global role, intensified the backlash and led to calls for accountability. RIA Novosti+2
Brende’s resignation has intensified debate over the WEF’s governance standards and its ability to maintain trust among global stakeholders. The forum has pledged to uphold transparency and ethical leadership, emphasizing its commitment to its annual Davos summit and broader global agenda. The leadership transition occurs at a critical moment, as the WEF seeks to restore its reputation and address the damage caused by the Epstein revelations and associated resignations. France 24+2