Board of Directors
The Board of Directors of FEMSA consists of 18 Directors and is assisted by 1 Secretary (non-member) and 1 Alternate Secretary (non-member). In accordance with our bylaws and the Mexican Securities Law, at least 25% of the members of our board of directors must be independent. Directors and their specific Alternate Directors are appointed for a term of 1 year and are eligible for re-election after the completion of their term in office. The By-Laws of the Company provide that the holders of the FEMSA B Shares may elect at least eleven Directors and the holders of the FEMSA D Shares may elect five Directors.
Since 2001, José Antonio Fernández has presided as Chairman of the Board of Directors.
Current members of the Board of Directors:
Alternate: Federico Reyes García
Private Investor and president of the acquisitions committee of Coleccion FEMSA
Alternate: Paulina Garza Lagüera Gonda
Chief Executive Officer and chairman of the board of directors of Franca Servicios, S.A. de C.V., Servicios Administrativos de Monterrey, S.A. de C.V., Regio Franca, S.A. de C.V., and Franca Industrias, S.A.
Alternate: Francisco José Calderón Rojas
Chief Executive Officer of Strategic Businesses of FEMSA
Alternate: Juan Carlos Garza Garza
Teacher at Universidad Autónoma de México
Alternate: Maximino José Michel Gonzalez
Chairman of the board of directors of the following companies which are part of Grupo BAL: Peñoles, Grupo Nacional Provincial, S.A.B., Fresnillo Plc, Grupo Palacio de Hierro, S.A.B. de C.V., Grupo Profuturo, S.A.B. de C.V. and subsidiaries, Controladora Petrobal, S.A. de C.V., Energía Bal, S.A. de C.V., Energía Eléctrica Bal, S.A. de C.V., and Tane, S.A. de C.V.; chairman of the governance board of Instituto Tecnológico Autónomo de México and founding member of Fundación Alberto Bailleres, A.C.
Alternate: Alejandro Bailleres Gual
Chief Executive Officer of Servicios Administrativos Contry, S.A. de C.V.
Alternate: José Antonio Fernández Garza Lagüera
Chairman of the Board of Directors of Solfi, S.A. de C.V
Managing Director at Allen & Co. LLC
Business consultant and managing partner at Acumen Empresarial, S.A. de C.V
Alternate: Enrique F. Senior Hernández*
Alternate: Francisco Zambrano Rodríguez*
Carlos Eduardo Aldrete Ancira
Alejandro Gil Ortiz
Note: * Indicates Independent member