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Bernard Arnault could potentially remain CEO of LVMH until he is 80

Bernard Arnault could potentially remain CEO of LVMH until he is 80

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French businessman, majority shareholder and Chairman and CEO of the LVMH group, Bernard Arnault is going to modify the group’s articles of association in order to keep control of it for another five years.

 

Bernard Arnault, who just turned 73 on March 5, wants to raise the age limit for the position of CEO of the group from 75 to 80. Indeed, the leader of LVMH imposes in its articles of association a ceiling of 75 years for the position of Chairman and CEO, which for the moment remains unchanged.

 

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