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.

PARIS (Reuters) - Bernard Arnault, 76, could remain at the helm of the world's largest luxury group LVMH until he's 85 if shareholders back a company proposal at its annual shareholder meeting on April 17.

Bernard Arnault aims to raise LVMH’s age limit to 85, allowing him up to nine more years at the helm of the luxury titan as shareholders weigh succession plans.