The Magic Meeting Place: Europe's corporate chiefs go to Davos for playand work

Europe's corporate chiefs go to Davos for play—and work

Idyllic Davos, Switzerland, hardly looks like a place for a somber meeting of Europe's business leaders. Although it was the setting for Thomas Mann's moody masterpiece The Magic Mountain, Davos is better known as one of Europe's most fashionable ski resorts. Yet every year top executives trek off to Davos for the European Management Forum, perhaps the world's most high-powered business convention. Last week 450 Europeans, including Heinz Duerr, president of the West German electrical firm AEG-Telefunken, Corp.; Gordon Stevens, a director of Unilever Ltd.; and John Raisman, Deputy Chairman of Shell...

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