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 (age 53)
Alma materParis-Sorbonne University
Sciences Po
Harvard Business School
OccupationBusinessman
TitleCEO, Hermès
TermFebruary 2014-
PredecessorPatrick Thomas
SpouseElisabeth Franck
RelativesJean-Louis Dumas (uncle)
Pierre-Alexis Dumas (cousin)

Early life edit

Axel Dumas was born on 3 July 1970 in Neuilly-sur-Seine near Paris.[1][2] His ancestor five times removed, Thierry Hermès, was a German French immigrant who founded Hermès in 1837.[3][4] His paternal uncle, Jean-Louis Dumas, was the CEO of Hermès.[5] His father, Olivier Dumas, is a physician and the author of many articles about Jules Verne.[6] His mother died in 2003.[2] His cousin, Pierre-Alexis Dumas, is Hermes's artistic director.[7] He is a sixth-generation member of the Hermès-Dumas family.[8]

Dumas earned a bachelor's degree in Philosophy from Paris-Sorbonne University and a master of Laws.[2] He graduated from Sciences Po,[2] and he attended an executive program at the Harvard Business School.[6]

Career edit

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.[2][4]

Dumas joined Hermès as an auditor in 2003.[2][4] He became the CEO of its jewellery division in 2006, and the CEO of its leather goods division in 2008.[2][4] He was appointed as chief operating officer and joint CEO of the company alongside Patrick Thomas in June 2012,[9] and he succeeded Thomas as CEO in February 2014.[5][7]

Personal life edit

Dumas is married to Elisabeth Franck, a journalist for Libération.[10]

With his family, Dumas is an heir to a 30 billion € fortune, making them France's third richest family as of 2017.[11]

References edit

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