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

NYSE - NYSE Delayed price. Currency in USD
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55.68-0.37 (-0.66%)
At close: 4:00PM EDT

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

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

Sector(s)Consumer Defensive
IndustryBeverages—Brewers
Full-time employees321,995

Key executives

NameTitlePayExercisedYear born
Mr. Jose Antonio Vicente Fernandez CarbajalExec. ChairmanN/AN/A1954
Mr. Javier Gerardo Astaburuaga SanjinesVP & DirectorN/AN/A1959
Mr. Miguel Eduardo Padilla SilvaCEO & DirectorN/AN/A1955
Mr. Eugenio Garza Y. GarzaDirector of Fin. & Corp. Devel.N/AN/A1972
Mr. Gerardo Estrada AttoliniDirector of Admin. & Corp. ControlN/AN/A1957
Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes 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. The company produces, markets, and distributes Coca-Cola trademark beverages, including low-sugar or sugar-free carbonated beverages; refreshing juices, nectars, and fruit-based drinks; purified, and carbonated and flavored water; coffees, teas, and sports and energy drinks; and dairy products and products based on vegetable protein. It also operates small-box retail chain stores in Mexico, Colombia, Peru, the United States, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of coolers, commercial refrigeration equipment, and plastic cases; food processing, preservation, and weighing equipment; and provision of logistic transportation and maintenance, point-of-sale refrigeration, and plastics solutions. As of December 31, 2019, it operated 19,330 OXXO small-format stores in Mexico, Colombia, Chile, and Peru; 3,161 drugstores in Mexico, Chile, Colombia, and Ecuador; and 545 OXXO GAS service stations. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is based 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 10 indicates higher governance risk.