By  on May 29, 2012

PARIS — Hermès International said Tuesday it was handing over the reins of the company to the sixth generation of descendants of founder Thierry Hermès but, in keeping with its 2012 theme, the French luxury house has given itself the gift of time to ensure a smooth hand over.

Hermès chief executive officer Patrick Thomas told the company’s annual general meeting that Hermès chief operating officer Axel Dumas, 41, would be named joint ceo in June 2013 for an unspecified period of time before taking over the role completely.

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