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.
Early life
Axel Dumas was born on 3 July 1970 in Neuilly-sur-Seine near Paris.[1][2] His ancestor five times removed, Thierry Hermès, 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
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 of the company in June 2013,[9] supervised by Patrick Thomas until his departure in January 2014.[5][7]
Personal life
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
- Avec Axel Dumas, Hermès ne connaît pas la crise L'Echo, 23 March 2017, retrieved 9 February 2018^
- Nicole Vulser. La famille Hermès unie derrière Axel Dumas pour contrer LVMH Le Monde, 3 June 2016, retrieved 9 February 2018^
- Jo Ellison. Lunch with the FT: Axel Dumas Financial Times, 27 March 2015, retrieved 9 February 2018^
- Adam Thomson. Hermès counts on Axel Dumas to guard family business Financial Times, 4 March 2014, retrieved 9 February 2018^
- Scheherazade Daneshkhu. Axel Dumas named as Hermès chief Financial Times, 29 May 2012, retrieved 9 February 2018^
- Marie-Pierre Gröndahl. Succession chez Hermès Axel Dumas bien en selle Paris Match, 22 April 2013, retrieved 9 February 2018^
- Christopher Bagley. Axel Dumas: A Man With a Clan W Magazine, 19 August 2014, retrieved 9 February 2018^
- Axel Dumas: Chief Executive, Hermès Business of Fashion, retrieved 12 July 2020^
- Lauren Milligan. Hermès Moves Vogue, 29 May 2012, retrieved 9 February 2018^
- Mathias Reymond. Libération, mode d'emploi (2) : une dérive managériale et une déroute commerciale ACRIMED, 11 December 2013, retrieved 9 February 2018^
- Les 500 plus grandes fortunes de France en 2017: Axel Dumas et famille Hermès Challenges, retrieved 9 February 2018^