Board of Directors

The Board of Directors of FEMSA consists of 19 members of which 6 are independent. Under Mexican Law the Directors are elected by the shareholders of the company at the Annual General Shareholders Meeting. Each Director is assigned a specific Alternate Director who is authorized to serve on the Board of Directors in the event that the Director is unable to attend meetings or otherwise participate in the activities of the Board of Directors. 

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, Jose Antonio Fernandez, the CEO of FEMSA, has presided as Chairman of the Board of Directors. 

Current members of the Board of Directors:

Series B

José Antonio Fernández Carbajal

Chief Executive Officer Fomento Económico Mexicano, S.A.B. de C.V.
Elected 1984

Alternate: Federico Reyes García

Eva Garza Lagüera Gonda

Private Investor
FEMSA
Elected 1999

Alternate: Barbara Garza Lagüera Gonda

Paulina Garza Lagüera Gonda 

Private Investor
Elected 2009

Alternate: Othon Paez Garza

José Calderón Rojas

Chairman of the Board and Chief Executive Officer 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. de C.V.
Real Estate Company
Elected 2005

Alternate: Francisco José Calderón Rojas

Consuelo Garza de Garza

Founder and Former President of Asociación
Nacional Pro-Superación Personal, A.C. (ANSPAC)
Not-Profit Organization
Elected 1995

Alternate: Alfonso Garza Garza

Max Michel Suberville

Private Investor
Elected 1985

Alternate: Max Michel González

Alberto Bailleres

Chairman of the Board of Grupo Bal S.A. de C.V., Industrias Peñoles, S.A.B. de C.V.,
Grupo Profuturo, S.A.B. de C.V., Instituto Tecnológico Autónomo de México and Grupo Nacional Provincial, S.A. 
Mining and Metallurgic Industry, Insurance Company
Elected 1989

Alternate: Arturo Fernández Pérez

Francisco Javier Fernández

Private Business Consultant and Private Investor
Elected 2005

Alternate: Javier Astaburuaga Sanjínes

Ricardo Guajardo Touché

Former Chairman of the Board, Director of Grupo Valores Monterrey
Elected 1988

Alternate: Alfonso Gonzalez Migoya

Alfredo Livas Cantú

President
Praxis Financiera, S.C.
Financial Consulting Firm
Elected 1995

Alternate: Sergio Deschamps Ebergenyi

Mariana Garza Lagüera Gonda 

Private Investor
Elected 2001

Alternate: Juan FGuichard Michel

José Manuel Canal Hernando

Independent Consultant
Accounting Firm
Elected 2003

Alternate: Ricardo Saldívar Escajadillo

Series D

Armando Garza Sada

Chairman of the Board of Grupo Alfa S.A.B. de C.V.
Elected 2003

Alternate: Enrique F. Senior Hernandez

Francisco Zambrano Rodríguez

Alternate:

Helmut Paul

Owner of
H. Paul & Company LLC 
Corporate Finance Advisory Firm
Elected 1988

Alternate: Ant

Michael Larson 

Chief Executive Investors of William H. Gates III
Elected 2011

 

Robert E. Denham

Partner at Munger, Tolles & Olson LLP, 
Law Firm
Elected 2001

 

Secretary
Carlos Eduardo Aldrete

Alternate Secretary
Arnulfo Treviño Garza