The Board of Directors

The Board of Directors is responsible for the overall management of Migros. It formulates the strategy as well as the corporate and ethical objectives of the FMC and the Migros Community. As the senior management body, the Board of Directors exercises a supervisory and control function over the conduct of business by the Executive Board.

The Board of Directors

The Board of Directors appoints and supervises the Executive Board and is responsible for organising the financial reporting, financial control and financial planning. It is also responsible for creating efficient management and organisational structures within Migros.

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Composition of the Board of Directors

The Board of Directors of the Federation of Migros Cooperatives comprises 23 members, and general re-elections were held in the spring of 2012 by the Assembly of Delegates for the term of office 2012 to 2016. The Board of Directors is made up as follows: one non-executive Chair, the Chief Executive Officer, one representative from each of the ten regional Cooperatives, nine non-executive members and two employee representatives.

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Committees

The FMC Board of Directors works in liaison with a number of permanent committees. The members of these specialised bodies are predominantly non-executive members of the Board of Directors who have an appropriate background and who can contribute their specific specialist knowledge.

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The Board of Directors