US EditionLVMH Investors Demand Clarity on Bernard Arnault Succession Plan
8 Articles
8 Articles
Times of India
The Economic TimesLVMH shareholders on the edge as Bernard Arnault still won't say who's next
Arnault, who oversees the $350 billion group spanning over 70 brands including Dior and Tiffany, has five children involved in the running of his luxury empire but has shown no sign of wanting to retire. At 76, he has yet to pick a successor.
Arnault, who oversees the $350 billion group with more than 70 brands, including Dior and Tiffany, has five children involved in managing the luxury empire, but shows no signs of wanting to retire at age 76.
LVMH shareholders demand clarity on Bernard Arnault's succession - RetailDetail EU
LVMH shareholders are calling for greater transparency regarding the succession plan for Bernard Arnault, who has been at the helm of the luxury goods giant for almost 40 years. The uncertainty surrounding his succession is increasingly seen as a risk for the company.
As LVMH's head for almost forty years, Bernard Arnault has still not appointed an official successor, fuelling the questions of an increasing part of investors.
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