LVMH is looking to hike its CEO age limit to 85, paving a path for Bernard Arnault to helm the company for another decade
- LVMH will hold a shareholder vote on April 17 to raise the age limit for its CEO and chairman to 85, allowing Bernard Arnault to continue leading the company for nearly another decade.
- Currently set at 80, the age limit was previously increased from 75 in 2022 to allow Arnault, who is 76, to remain in power.
- Bernard Arnault has been chairman of LVMH since 1989, overseeing its growth into the world's largest luxury goods group.
- LVMH reported a net profit of 12.55 billion euros on sales of 84.7 billion euros for 2024.
21 Articles
21 Articles


LVMH To Lift Age Limit, Letting Bernard Arnault Remain CEO Until 85
LVMH will ask shareholders to raise the age limit for its CEO and chairman to 85, allowing its billionaire boss Bernard Arnault to remain longer at the helm of the French luxury goods group.
LVMH : Bernard Arnault rejuvenates the hierarchy while offering the possibility to remain in office until the age of 85
While its luxury multinational promotes the arrival of a new generation of leaders - especially the Arnault children - the multibillionaire clings to its office. In April, shareholders could vote to push back the CEO's age limit.
Bernard Arnault's LVMH is gearing up to extend his reign
LVMH is pushing for Bernard Arnault, who is 76, to helm the company until he's 85.Edward Berthelot/Getty ImagesLVMH is trying to keep Bernard Arnault, 76, in charge for nearly another decade.The company proposed changing its bylaws to raise the age limit of its chairman and CEO to 85.The luxury giant had already changed the limit once in 2022 when it was raised from 75 to 80.French luxury giant LVMH is trying to keep Bernard Arnault, 76, in char…
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