World Economic Forum CEO Steps Down Over Epstein Ties

Forbes Business

by Siladitya Ray, Forbes Staff

February 26, 2026

AI-Generated Deep Dive Summary

The CEO of the World Economic Forum (WEF), Borge Brende, has resigned following an internal investigation into his ties with Jeffrey Epstein, the convicted sex offender. The decision came after documents released by the Justice Department revealed that Brende had met Epstein for three dinners and communicated with him via email and text messages. In a statement, Brende stated he was stepping down after careful consideration, emphasizing that it was time for the Forum to focus on its work without distractions. While the independent review conducted by outside counsel found no additional concerns beyond what was previously disclosed, Brende acknowledged attending dinners with Epstein but claimed he was unaware of the financier’s criminal activities. The WEF co-chairs, Andre Hoffmann and Larry Fink, announced that Managing Board member Alois Zwinggi would serve as interim president and CEO. They also noted that the independent review concluded without finding any new issues, though Brende admitted to his interactions with Epstein. This resignation marks the latest in a series of high-profile cases involving individuals connected to Epstein, highlighting the ongoing repercussions of associations with controversial figures. The case raises questions about the potential risks of networking with influential but morally questionable figures, particularly in the business and finance worlds. Epstein’s connections to prominent professionals and organizations have led to widespread scrutiny, damaging reputations and prompting calls for greater transparency and due diligence. Brende’s departure underscores the importance of ethical considerations in professional relationships, even if no wrongdoing is alleged. For readers interested in business, this story highlights the delicate balance between networking opportunities and the potential fallout from associations with individuals like Epstein. It also serves as a reminder of the scrutiny faced by leaders of global organizations, particularly when their actions or associations come under public review. The WEF’s handling of the situation, including the appointment of an interim leader, demonstrates how institutions must adapt to maintain trust and credibility in the face of such challenges. In summary, Borge Brende’s resignation marks a significant moment in the ongoing fallout from Jeffrey Epstein’s connections to high-profile individuals and organizations. While no wrongdoing was attributed to Brende, his ties to Epstein

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Originally published on Forbes Business on 2/26/2026