Press Releases


December 12, 2008
Adoption of the AFEP/MEDEF recommendations

At its meeting on October 23, 2008, the Board of Directors of LVMH Moët Hennessy Louis Vuitton examined the AFEP-MEDEF recommendations dated October 6, 2008 concerning the compensation of executive directors of listed companies.

These recommendations are in line with the Group’s corporate governance approach.

LVMH will refer to the amended AFEP-MEDEF corporate governance code in preparing the report provided for in Article L.225-37 of the French Commercial Code (Code de commerce), as amended by the French law of July 3, 2008.