Axel Dumas

Axel Dumas (born 3 July 1970) is a French billionaire heir and business executive. He is the chief executive officer (CEO) of Hermès, and a sixth-generation member of the Hermès-Dumas family.

Axel Dumas
Born (1970-07-03) 3 July 1970
Neuilly-sur-Seine, France
Alma materParis-Sorbonne University
Sciences Po
Harvard University
OccupationBusinessman
Net worthover 30 billion Euro (2017, with family members)[1]
TitleCEO, Hermès
TermFebruary 2014-
PredecessorPatrick Thomas
Spouse(s)Elisabeth Franck
RelativesJean-Louis Dumas (uncle)
Pierre-Alexis Dumas (cousin)

Early life

Axel Dumas was born on 3 July 1970 in Neuilly-sur-Seine near Paris.[2][3] His ancestor five times removed, Thierry Hermès, was a German French immigrant who founded Hermès in 1837.[4][5] His paternal uncle, Jean-Louis Dumas, was the CEO of Hermès.[6] His father, Olivier Dumas, is a physician and the author of many articles about Jules Verne.[7] His mother died in 2003.[3] His cousin, Pierre-Alexis Dumas, is Hermes's artistic director.[8] He is a sixth-generation member of the Hermès-Dumas family.[9]

Dumas earned a bachelor's degree in Philosophy from Paris-Sorbonne University and a master of Laws.[3] He graduated from Sciences Po,[3] and he attended an executive program at the Harvard Business School.[7]

Career

Dumas was an investment banker for Paribas in Beijing, China from 1995 to 1997, in Paris from 1997 to 1999, and in New York City from 1999 to 2003.[3][5]

Dumas joined Hermès as an auditor in 2003.[3][5] He became the CEO of its jewellery division in 2006, and the CEO of its leather goods division in 2008.[3][5] He was appointed as chief operating officer and joint CEO of the company alongside Patrick Thomas in June 2012,[10] and he succeeded Thomas as CEO in February 2014.[6][8]

Personal life

Dumas is married to Elisabeth Franck, a journalist for Libération.[11]

With his family, Dumas is an heir to a 30 billion Euro fortune, making them France's third richest family as of 2017.[1]

References
  1. "Les 500 plus grandes fortunes de France en 2017: Axel Dumas et famille Hermès". Challenges. Retrieved 9 February 2018.
  2. "Avec Axel Dumas, Hermès ne connaît pas la crise". L'Echo. 23 March 2017. Retrieved 9 February 2018.
  3. Vulser, Nicole (3 June 2016). "La famille Hermès unie derrière Axel Dumas pour contrer LVMH". Le Monde. Retrieved 9 February 2018.
  4. Ellison, Jo (27 March 2015). "Lunch with the FT: Axel Dumas". Financial Times. Retrieved 9 February 2018.
  5. Thomson, Adam (4 March 2014). "Hermès counts on Axel Dumas to guard family business". Financial Times. Retrieved 9 February 2018.
  6. Daneshkhu, Scheherazade (29 May 2012). "Axel Dumas named as Hermès chief". Financial Times. Retrieved 9 February 2018.
  7. Gröndahl, Marie-Pierre (22 April 2013). "Succession chez Hermès Axel Dumas bien en selle". Paris Match. Retrieved 9 February 2018.
  8. Bagley, Christopher (19 August 2014). "Axel Dumas: A Man With a Clan". W Magazine. Retrieved 9 February 2018.
  9. "Axel Dumas: Chief Executive, Hermès". Business of Fashion. Retrieved 12 July 2020.
  10. Milligan, Lauren (29 May 2012). "Hermès Moves". Vogue. Retrieved 9 February 2018.
  11. Reymond, Mathias (11 December 2013). "Libération, mode d'emploi (2) : une dérive managériale et une déroute commerciale". ACRIMED. Retrieved 9 February 2018.


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