The musical chairs of succession at LVMH continue — this time with Bernard Arnault's 30-year-old son
LVMH's CEO promoted his second-youngest son, Frédéric Arnault, to be the CEO of Loro Piana.
LVMH trying to keep billionaire Bernard Arnault as CEO until he turns 85
Shareholders in the luxury group are set to vote on a proposal to raise the maximum age for its chairman and chief executive.