Bernard Arnault Wants to Keep Running LVMH Until 85
Bernard Arnault wants to once again extend the age limit for remaining at the helm of LVMH Moët Hennessy Louis Vuitton. A resolution to increase the age limit for him to serve as chief executive officer to 85 will be submitted to shareholders at the luxury conglomerate’s annual general meeting,
LVMH's CEO promoted his second-youngest son, Frédéric Arnault, to be the CEO of Loro Piana.
Frédéric Arnault is to succeed Loro Piana CEO Damien Bertrand, who moves to become second-in-command at Vuitton.
Laurent Marcadier, LVMH’s former security chief and a former magistrate, was acquitted as was police prefect Pierre Lieutaud.
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