Bernard Arnault, the billionaire CEO and chairman of French luxury giant LVMH, is shuffling one of his children around at his companies again. Frédéric Arnault, the chief executive's 30-year-old son, ...
The French luxury conglomerate proposed changing its bylaws, to raise the age limit of its chairman and CEO to 85.
Shareholders in the luxury group are set to vote on a proposal to raise the maximum age for its chairman and chief executive.