Bernard Arnault, the 76-year-old billionaire founder of LVMH, signaled he could helm the luxury group for the best part of another decade.LVMH said in a filing that it will seek to raise the age limit for the chief executive officer and chairman to 85 from the current 80 at next month’s annual general meeting.

Investors in LVMH, which owns high-end labels including Louis Vuitton, Dior and Tiffany, will vote on a change to company bylaws raising the maximum age of its chairman and chief executive officer from 80, according to a company filing. The maximum age was already increased from 75 in 2022.