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.

Luxury conglomerate LVMH is trying to clear a path that would allow billionaire Bernard Arnault to stay at the helm for nearly another decade — until he’s 85. Shareholders in the company – which owns high-end brands like Louis Vuitton,