By  on July 13, 2011

BRUSSELS — LVMH Moët Hennessy Louis Vuitton on Tuesday signaled its commitment to promoting more women to senior executive positions by signing a voluntary pledge drawn up by European Justice Commissioner Viviane Reding.

Under the terms of the “Women on the Board Pledge for Europe,” the luxury group will increase the proportion of women on its corporate boards to 30 percent by 2015 and to 40 percent by 2020.

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