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LVMH shareholders on Thursday voted to allow Bernard Arnault, 76, to remain at the helm of the world’s largest luxury group until he’s 85.
The shareholders approved a change to company bylaws that raises the maximum age of its chairman and chief executive officer from 80 in a resolution that passed with 99.18 percent of the vote.
The maximum age was already increased from 75 in 2022.
Arnault, who is CEO, chairman and — along with his family — controlling shareholder of LVMH, built his…
