Arnault, chairman of LVMH group, reorganized the family holding company into a joint-stock cooperati…

Sumary of Arnault, chairman of LVMH group, reorganized the family holding company into a joint-stock cooperati…:

  • In April this year, at LVMH’s annual general meeting, shareholders voted with 81.6% to extend the term of chairman and CEO Bernard Arnault to 80 years old.
  • Bernard Arnault, 73, has yet to announce his successor.
  • Previously, the LVMH group charter stipulated the upper age limit for CEO.

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