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Fomento Económico Mexicano, S.A.B. de C.V. (FMX)

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Fomento Económico Mexicano, S.A.B. de C.V.

General Anaya No. 601 Pte.
Col. Bella Vista
Monterrey, NL 64410
Mexico
52 818 328 6000
http://www.femsa.com

SectorConsumer Goods
IndustryBeverages - Brewers
Full Time Employees266,144

Key Executives

NameTitlePayExercisedAge
Mr. José Antonio Fernández CarbajalExec. ChairmanN/AN/A63
Mr. Javier Gerardo Astaburuaga SanjinesVP of Corp. Devel. and DirectorN/AN/A58
Mr. Carlos Vicente Salazar LomelínChief Exec. Officer and DirectorN/AN/A66
Mr. Miguel Eduardo Padilla SilvaChief Financial Officer & Corp. OfficerN/AN/A62
Mr. José González OrnelasVP of Admin. & Corp. ControlN/AN/A66
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages and a chain of small-format stores. It produces, markets, sells, and distributes Coca-Cola trademark beverages, including sparkling and still beverages, juices, isotonic sports and energy drinks, teas, water, and dairy products. The company also operates small-box retail chain stores in Mexico, Colombia, the United States, and Chile under the OXXO and Big John names; retail service stations for fuels, motor oils, lubricants, and car care products in Mexico under the OXXO GAS name; and drugstores in Chile, Colombia, and Mexico under the Cruz Verde, YZA, La Moderna, and Farmacon names. As of December 31, 2016, it operated 15,225 small-box retail stores; 382 gas service stations; and 2,120 drugstores. In addition, the company engages in the production and distribution of coolers, commercial refrigeration equipment, and plastic cases, as well as food processing, preservation, and weighing equipment; provision of logistic transportation and maintenance services to third parties; and design, manufacture, and recycling of plastic products for materials handling, automobiles, and food/beverages sectors. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is headquartered in Monterrey, Mexico.

Corporate Governance

Fomento Económico Mexicano, S.A.B. de C.V.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.