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Publicis Groupe chairman and CEO Maurice Lévy won’t be pushed into retirement just yet. On Tuesday, a vote at the Publicis Groupe’s annual general shareholders’ meeting in Paris approved a measure to raise the age limit for members of the company’s board of directors from 70 to 75. This move will allow Lévy, who celebrated his 69th birthday in February, to retain his position after his term on the board ends in December 2011.
This isn't the first time that the company has altered its policies to keep Lévy on the board; ten years ago, the age limit was 65.
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