Even though Hermes is a family company, they have an excellent leadership which most is
Hermes family members except their Chief executive officer, Patrick Thomas. In May 2012,
“HERMÈS has named a new CEO, enlisted from within the family that controls the label. Patrick
Thomas, the current chief executive officer of Hermes, announced at the annual shareholders'
meeting today that Axel Dumas- a member of the sixth generation of the Hermes family - will
succeed him upon his retirement. Dumas, currently chief operating officer, will become joint CEO
and COO from next month - and will work alongside Thomas during a transition period” (Milligan,
2012)