91 / 330
2016 REGISTRATION DOCUMENT
HERMÈS INTERNATIONAL
91
CORPORATE GOVERNANCE
3
ADMINISTRATIVE, MANAGEMENT, OR SUPERVISORY BODIES
Executive Management
Role
Composition as at 31/12/2016
The Executive Management ensures the manage-
ment of Hermès International.
The role of the Executive Chairman is to manage
the Group and act in its general interest, within the
scope of the corporate purpose and subject to those
powers expressly granted by law or by the Articles of
Association to the Supervisory Board, to the Active
Partner and to Shareholders’ General Meetings. The
ExecutiveChairmendistributedtheirrolesasfollows:
Axel Dumas is in charge of strategy and operational
management, and Émile Hermès SARL, through its
ExecutiveManagement Board, is responsible for the
vision and strategic areas.
The Executive Chairmen are appointed by the Active Partner, after consultation with
the Supervisory Board. In accordance with the Articles of Association, the Executive
Management comprises oneor twoExecutiveChairmen, whoarenatural persons, either
Active Partners or from outside the Company, each having the same powers and duties.
The term of office of the Executive Chairmen is open-ended.
s
Axel Dumas,
appointed by decision of the Active
Partner, on 4 June 2013 (effective
on 5 June 2013).
Executive Chairman
s
The company Émile Hermès
SARL
(represented by Henri-Louis
Bauer), appointed by decision of
the Active Partner on 14 February
2006 (effective on 1 April 2006).
Executive Chairman
Shareholding obligations
At its meeting of 21 March 2017, the Supervisory
Board decided that the Executive Chairmen should
eachberequiredtoholdaminimumof1,000Hermès
International shares pursuant to Article 22 of the
AFEP-MEDEF Code revised in November 2016.
Executive Committee
Role
Composition as at 31/12/2016
The Group management is comprised of the
Executive Chairman and the Executive Committee,
which consists of managing directors, each of whom
has well-defined areas of responsibility.
Its role is to oversee the Group’s strategic and ope-
rational management.
s
Axel Dumas
Executive Chairman
s
Florian Craen
Executive Vice President Sales & Distribution
s
Charlotte David
Executive Vice President Communication
s
Pierre-Alexis Dumas
Artistic Executive Vice President
s
Olivier Fournier
Executive Vice President of Governance
and Organisational Development
s
Wilfried Guerrand
Executive Vice President of Digital Projects
and E-commerce
s
Éric du Halgouët
Executive Vice President Finance
s
Guillaume de Seynes
Executive Vice President Manufacturing division
& Equity Investments