How is the World Economic Forum governed?
The Forum is a not-for-profit foundation. It has three main governing bodies: The Foundation Board, which has overall responsibility for establishing the long term direction and objectives of the Forum, and which is comprised of international public and private sector leaders. The International Business Council, which acts as an advisory body providing intellectual stewardship to the Forum. The Managing Board, which is the in-house management team responsible for the executive oversight and management of the activities and resources of the Forum.