Bernard Arnault Wants to Keep Running LVMH Until 85
Bernard Arnault has frequently described the conglomerate, which posted sales of 84.7 billion euros in 2024, as a family-run firm. The Arnault family’s holding company owns 49 percent of LVMH’s share capital and 64.8 percent of the voting rights.
LVMH will ask shareholders to raise the age limit for its CEO and chairman to 85, allowing Bernard Arnault to remain longer ...
Bernard Arnault, 76, has yet to name a successor to lead the company in which his family controls 64.8% of the voting rights.
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