Luxury industry titan Bernard Arnault may continue steering LVMH, the world’s largest luxury conglomerate, until the age of 85—if shareholders approve a proposed bylaw change at the company’s annual meeting on April 17.
The move would further cement Arnault’s legacy at the helm of an empire that includes Louis Vuitton, Dior, and Tiffany.
#LVMH va modifier ses statuts pour que Bernard #Arnault puisse rester président jusqu’à ses 85 ans lindependant.fr/2025/03/13/lvm… via @lindependant
LVMH investors will vote on raising the maximum age limit for the chairman and CEO role from 80, according to a company filing.
This follows a prior amendment in 2022 that lifted the cap from 75, allowing Arnault to extend his leadership.
As LVMH’s chairman and CEO since 1989, Arnault has built a global luxury powerhouse through strategic acquisitions, making him one of the wealthiest individuals in the world. However, the question of succession looms large.
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While the 76-year-old has not publicly named a successor, speculation runs high over which of his five children—all holding senior roles within LVMH—might eventually take over.
His eldest children, Delphine, 49, and Antoine, 47, are from his first marriage, while Alexandre, 32, Frédéric, 30, and Jean, 26, are from his marriage to concert pianist Hélène Mercier.
Meanwhile, in a key appointment, LVMH has named Frédéric Arnault as the incoming CEO of the Italian cashmere label Loro Piana.
Currently leading LVMH’s watches division, the 30-year-old executive will replace Damien Bertrand on June 10.
Frederic Arnault, one of Bernard Arnault’s five children, is set to take over as #CEO of Loro Piana in June-marking his next move within the $330 billion #LVMH empire.
Bertrand, in turn, has been promoted to deputy CEO of Louis Vuitton, a major brand under the LVMH umbrella.
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.
These calculated moves highlight Bernard Arnault’s efforts to position his children in key leadership roles within the company, fueling speculation about the group’s future leadership.
Despite these transitions, Arnault has not publicly named a successor. His five children—all holding senior roles at LVMH—remain contenders, with every executive shift closely watched by industry insiders.
Every leadership shift within the group is closely watched, with industry insiders analyzing potential future heirs to Arnault’s luxury empire.
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