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| Axel Dumas the next boss of Hermes|nytimes.com |
PARIS— Cementing its grip from
larger foe LVMH, the founding family of luxury-goods maker Hermès International SCA named
a member of its sixth generation to become chief executive next year,.
Hermès, the 175-year-old maker of
equestrian-themed silk scarves, horse saddles and Kelly bags, said Axel Dumas,
the 42-year-old chief operating officer, will take over from Chief Executive
Patrick Thomas, who will be 65 in a few weeks.
The change in administration
returns the pedals of the company to the family, which in 2010 had a backseat position
before the unfolding drama with LVMH.
The first nonfamily member to run
Hermès, Mr. Thomas, who was boss since 2006, steered the company through its
standoff with LVMH. Yet the avuncular boss was seen the family as a surrogate
member of the clan.
The younger Mr. Dumas emerged as
the most likely successor to Mr. Thomas over the past year, since he was named
chief operating officer. The dark-haired manager, who started his career as a
banker in New York and China, entered the family business in 2003, working in
various divisions, such as jewelry and leather goods.
"I am glad a member of the
Hermès family has been brought in to succeed me," Mr. Thomas said in a
prepared statement.
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