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.
The company had already raised the age limit for CEO to 80 in 2022. In July 2022, Bernard Arnault consolidated family control over LVMH by reorganizing his Agache holding company into a limited ...
Report The reshuffles include one which happened in November last year involving the return of Alexandre Arnault to LVMH’s Paris headquarters, from Tiffany & Co. in New York. Meanwhile ...
A series of management reshuffles had fuelled speculation that Arnault, who has five children, was preparing his succession plans – especially as all of them now have key positions in the conglomerate ...
French luxury giant LVMH is trying to keep Bernard Arnault, 76, in charge for nearly a decade more. LVMH is trying to amend its company bylaws to raise the age limit for its chairman and CEO to 85 ...
At last year’s AGM, shareholders overwhelmingly approved the appointment of his sons Alexandre Arnault and Frédéric Arnault to the board of directors. They joined their siblings Antoine ...
This restructuring follows a broader management shake-up in November, which saw another of Arnault’s sons, Alexandre Arnault, return to LVMH’s Paris headquarters from his role at Tiffany & Co ...
WASHINGTON — President Donald Trump on Thursday threatened a 200% tariff on European wine, Champagne and spirits if the European Union goes forward with a planned tariff on American whiskey.
In November, he appointed his third-eldest child, Alexandre Arnault, as the deputy CEO of LVMH's Wines and Spirits division, Moët Hennessy. Before the new posting, he was executive vice president ...
Last month, Alexandre Arnault stepped into his role of deputy chief of the French LVMH’s eponymous spirits brand, Moët Hennessy. The shift will return the 32-year-old scion to the company’s ...
Anthony Ledru will lead the jeweller, with Alexandre Arnault taking on a top position inside the brand, according to people familiar with the appointments who asked not to be identified before an ...