
LVMH Extends CEO Age Limit to Keep Bernard Arnault at the Helm
This is Beirut, 16:40 - Reading : 1 minute(s)
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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. Bernard, 76, created the group and has grown it into the world's largest in its sector, holding the position of both chief executive and chairman of the ...