Bernard Arnault's LVMH is gearing up to extend his reign
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LVMH is proposing a bylaw change to extend the age limit for its chairman and CEO, Bernard Arnault, to 85, allowing him to remain in charge for nearly another decade.
March 14, 2025 | 4:30 am
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LVMH is proposing a bylaw change to allow Bernard Arnault to remain CEO until age 85, potentially ensuring leadership stability for nearly another decade.
The proposed bylaw change indicates a strategic move to maintain leadership stability under Bernard Arnault, which could be seen positively by investors, potentially leading to a short-term positive impact on LVMH's stock price.
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