Organisation & Structure
The Federation of Migros Cooperatives is a cooperative association as defined by articles 921 et seq. of the Swiss Code of Obligations (OR). The FMC, the affiliated regional Migros Cooperatives and their business enterprises, together with the foundations, make up the Migros Community – or simply Migros.
Legal form & mission
The FMC coordinates the activities of Migros and determines its strategy. It is also a Migros service provider. The FMC is responsible for covering the needs of the regional Cooperatives through a system of combined purchasing and production, as well as by establishing or acquiring participatory interests and subsidiary companies of all kinds.
The organs of the FMC are the Assembly of Delegates, the Board of Directors, the Executive Board and the Board of Control.
Cooperative capital – distribution & liability
The cooperative capital of the FMC totals CHF 15 million (Migros Group Financial Report, consolidated group, p. 104). The shares have a nominal value of CHF 1'000, pay interest of 4.0% and are not transferable. They are distributed among the regional Cooperatives as follows (as a percentage of cooperative capital):
Regional cooperative | Proportion |
---|---|
Migros Cooperative Zurich (MCZ) | 32.3% |
Migros Cooperative Aare (MCAA) | 19.8% |
Migros Cooperative Eastern Switzerland (MCOS) | 11.4% |
Migros Cooperative Basel (MCBS) | 10.0% |
Migros Cooperative Geneva (MCGE) | 7.2% |
Migros Cooperative Vaud (MCVD) | 4.8% |
Migros Cooperative Lucerne (MCLU) | 4.6% |
Migros Cooperative Neuchatel-Fribourg (MCNE-FR) | 4.4% |
Migros Cooperative Ticino (MCTI) | 3.8% |
Migros Cooperative Valais (MCVS) | 1.7% |
In accordance with the statues, the shares that are not participation certificates are underwritten on the basis of the annual retail sales. The number of shares acquired by the Cooperatives is based on the conditions in 1957. As it was no longer necessary to issue new shares to raise finance for the FMC, and because the voting rights are exercised independently of the share distribution, the Board of Directors decided not to change anything and has retained the original distribution from 1957.
Liability for the obligations of the FMC is limited to its assets.
Statutes & regulations
The organisation of the FMC is set out in the company statutes (version of 9 April 2016), substantially in the updated organisational rules of the Assembly of Delegates (version of 9 April 2016) and in the organisational rules of the Board of Directors (version of 29 March 2014). The reciprocal rights and duties between the FMC and the regional Cooperatives are set out in ten (identical) agreements between the FMC and the Cooperatives (version of June 1984, as amended).
Cooperatives
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Migros Aare
Migros Aare
CloseChairman of the Board of Directors
Thomas AebersoldManaging Director
Anton GäumannEmployees
11'650 (0.98%)Cooperative members
505'218 (0.65%)Sales
CHF 3'336 million (0.3%) -
Migros Basel
Migros Basel
CloseChairman of the Board of Directors
Werner KrättliManaging Director
Stefano PatrignianiEmployees
3'433 (0.06%)Cooperative members
169'049 (0.35%)Sales
CHF 929 million (-0.5%) -
Migros Geneva
Migros Geneva
CloseChairman of the Board of Directors
Guy VibourelManaging Director
Philippe EchenardEmployees
3'488 (-1.88%)Cooperative members
132'566 (2.22%)Sales
CHF 989 million (-0.3%) -
Migros Lucerne
Migros Lucerne
CloseChairman of the Board of Directors
Anton WechslerManaging Director
Felix MeyerEmployees
6'038 (-1.13%)Cooperative members
188'235 (1.22%)Sales
CHF 1'417 million (0.8%) -
Migros Neuchâtel-Fribourg
Migros Neuchâtel-Fribourg
CloseChairperson of the Board of Directors
Damien PillerManaging Director
Marcelle JunodEmployees
2'642 (0.53%)Cooperative members
122'970 (1.03%)Sales
CHF 766 million (0.5%) -
Migros Eastern Switzerland
Migros Eastern Switzerland
CloseChairman of the Board of Directors
Leo StaubManaging Director
Peter DiethelmEmployees
9'717 (2.39%)Cooperative members
410'321 (0.03%)Sales
CHF 2'382 million (0.2%) -
Migros Ticino
Migros Ticino
CloseChairperson of the Board of Directors
Monica Duca WidmerManaging Director
Lorenzo EmmaEmployees
1'604 (-2.37%)Cooperative members
95'795 (2.01%)Sales
CHF 473 million (-2.9%) -
Migros Valais
Migros Valais
CloseChairman of the Board of Directors
Bernhard MonnetManaging Director
Max AlterEmployees
2'078 (-0.95%)Cooperative members
79'454 (0.89%)Sales
CHF 503 million (-1.9%) -
Migros Vaud
Migros Vaud
CloseChairman of the Board of Directors
Patrice LambeletManaging Director
Marc SchaeferEmployees
3'456 (-3.54%)Cooperative members
152'192 (-0.35%)Sales
CHF 1'119 million (-1.5%) -
Migros Zurich
Migros Zurich
CloseChairman of the Board of Directors
Edi ClassManaging Director
Jörg BlunschiEmployees
8'912 (-0.19%)Cooperative members
326'371 (1.12%)Sales
CHF 2'502 million (-0.2%)