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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.
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L'AGEFI broke the news in on Thursday, March 13, 2025.
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