LVMH CEO Bernard Arnault, 76, apparently believes he’s got another decade of good work ahead of him. The luxury conglomerate has proposed raising the maximum age of its chairman and CEO to 85, a change shareholders will vote on next month at the company’s annual meeting.

Bernard Arnault wants to once again extend the age limit for remaining at the helm of LVMH Moët Hennessy Louis Vuitton. A resolution to increase the age limit for him to serve as chief executive officer to 85 will be submitted to shareholders at the luxury conglomerate’s annual general meeting,