"Now is the right moment for the Forum to continue its important work without distractions. The organization launched an independent probe after the files revealed Brende had dined with the convicted sex offender, multiple outlets reported. WEF co-chairs André Hoffmann and Larry Fink said the review had concluded with no additional concerns beyond what has been previously disclosed."
"I exercised terrible judgment in maintaining contact with them, and there is no excuse for failing to distance myself sooner. Tom Pritzker announced his retirement as executive chair of Hyatt Hotels and expressed regret about his past association with Epstein and his convicted associate Ghislaine Maxwell, acknowledging his failure to sever ties earlier."
"Recent reporting has created a distraction and has placed a focus on me that is not in the best interests of the firm. Brad Karp, chairman of top corporate law firm Paul, Weiss, resigned after his emails with Epstein were revealed in the files, citing the negative impact on his organization."
Borge Brende resigned as CEO and president of the World Economic Forum following an independent investigation into his dining with Jeffrey Epstein. The WEF review concluded with no additional concerns beyond previously disclosed information. Multiple other prominent figures faced consequences for their Epstein associations, including former Harvard president Larry Summers, Hyatt Hotels executive chair Tom Pritzker, Paul Weiss law firm chairman Brad Karp, Goldman Sachs counsel Kathy Ruemmler, and Hollywood talent agent Casey Wasserman. These individuals either resigned from their positions or announced retirements, citing their past associations and poor judgment in maintaining relationships with Epstein and his associates.
#epstein-scandal #executive-resignations #corporate-accountability #leadership-consequences #institutional-governance
Read at Axios
Unable to calculate read time
Collection
[
|
...
]