Board of Directors
The Board of Directors of FEMSA consists of 15 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 nine 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:
Series B
Executive Chairman of the Board
Occupation: Executive Chairman of the Board of Directors and Chief Executive Officer of FEMSA since July, 2023
Appointed to the Board: 1984 as board member. 2001 as Chairman of the Board
Alternate Director: Francisco Javier Fernández Carbajal
Director
Occupation: Private investor and Chairwoman of the Acquisitions Committee of the FEMSA Collection
Appointed to the Board: 1998
Alternate Director: Javier Gerardo Astaburuaga Sanjinés
Director
Occupation: Private investor
Appointed to the Board: 2005
Alternate Director: José Antonio Fernández Garza Lagüera
Director
Occupation: Chairman of Regio Franca
Appointed to the Board: 2023
Alternate director: Diego Eugenio Calderon Rojas
Director
Occupation: Private investor
Appointed to the Board: 2016
Alternate director: Juan Carlos Garza Garza
Director
Occupation: Chairwoman of Casa Córdoba
Appointed to the Board: 2020
Alternate director: Maximino José Michel González
Director
Occupation: Chairman of the board of governors of Instituto Tecnológico Autónomo de México and Chairman of the board of directors of Fundación Alberto Bailleres, A.C.
Appointed to the Board: 2019
Alternate Director: Arturo Fernández Pérez
Director
Occupation: Private investor
Appointed to the Board: 2004
Alternate Director: Eva María Garza Lagüera Gonda
Independent Director
Occupation: CEO and President of Wild Fork US
Appointed to the Board: 2024
Alternate Director: Enrique F. Senior Hernández (Independent)
Independent Director.
Occupation: Chief Investment Officer of Cascade Asset Management Company (William H. Gates III).
Appointed to the Board: 2011
Alternate Director: Ricardo Guajardo Touché (Independent).
Series D
Independent Director
Occupation: Private investor
Appointed to the Board: 2015
Independent Director
Financial Expert
Occupation: Independent consultant
Appointed to the Board: 2019
Independent Director
Occupation: Investor, advisor and board member
Appointed to the Board: 2023
Independent Director
Occupation: Executive Vice President and President, Online, for Estée Lauder Companies, Inc.
Appointed to the Board: 2023
Independent Director
Occupation: Independent consultant
Appointed to the Board: 2024
SERIES D ALTERNATE DIRECTORS
Michael Kahn*
Independent Alternate Director
Francisco Zambrano Rodríguez*
Independent Alternate Director
Alfonso González Migoya*
Independent Alternate Director
Jaime A. El Koury*
Independent Alternate Director
Secretary (non-member): Alejandro Gil Ortiz
Alternate secretary (non-member): Sergio Rodríguez Pérez