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Shareholders of French retailer Casino asked to raise CEO age limit
May 2, 2017 / 9:10 AM / 7 months ago

Shareholders of French retailer Casino asked to raise CEO age limit

PARIS, May 2 (Reuters) - The shareholders of French retailer Casino will vote on May 5 on a proposal raising the age limit for the functions of chairman and chief executive to 75 from 70, draft resolutions available ahead of the AGM showed.

The three-year mandate of chairman and CEO Jean-Charles Naouri, 68, as a board member expires in 2019.

Naouri, the controlling shareholder of Casino, has been chairman and CEO since 2005.

Reporting by Dominique Vidalon; Editing by Sudip Kar-Gupta

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