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):

CoGo-S01-T04
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

  • Migros Aare

    Migros Aare

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    Chairman of the Board of Directors
    Thomas Aebersold

    Managing Director
    Anton Gäumann

    Employees
    11'650 (0.98%)

    Cooperative members
    505'218 (0.65%)

    Sales
    CHF 3'336 million (0.3%)

    Migros Aare
  • Migros Basel

    Migros Basel

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    Chairman of the Board of Directors
    Werner Krättli

    Managing Director
    Stefano Patrigniani

    Employees
    3'433 (0.06%)

    Cooperative members
    169'049 (0.35%)

    Sales
    CHF 929 million (-0.5%)

    Migros Basel
  • Migros Geneva

    Migros Geneva

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    Chairman of the Board of Directors
    Guy Vibourel

    Managing Director
    Philippe Echenard

    Employees
    3'488 (-1.88%)

    Cooperative members
    132'566 (2.22%)

    Sales
    CHF 989 million (-0.3%)

    Migros Geneva
  • Migros Lucerne

    Migros Lucerne

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    Chairman of the Board of Directors
    Anton Wechsler

    Managing Director
    Felix Meyer

    Employees
    6'038 (-1.13%)

    Cooperative members
    188'235 (1.22%)

    Sales
    CHF 1'417 million (0.8%)

    Migros Lucerne
  • Migros Neuchâtel-Fribourg

    Migros Neuchâtel-Fribourg

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    Chairperson of the Board of Directors
    Damien Piller

    Managing Director
    Marcelle Junod

    Employees
    2'642 (0.53%)

    Cooperative members
    122'970 (1.03%)

    Sales
    CHF 766 million (0.5%)

    Migros Neuchâtel-Fribourg
  • Migros Eastern Switzerland

    Migros Eastern Switzerland

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    Chairman of the Board of Directors
    Leo Staub

    Managing Director
    Peter Diethelm

    Employees
    9'717 (2.39%)

    Cooperative members
    410'321 (0.03%)

    Sales
    CHF 2'382 million (0.2%)

    Migros Eastern Switzerland
  • Migros Ticino

    Migros Ticino

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    Chairperson of the Board of Directors
    Monica Duca Widmer

    Managing Director
    Lorenzo Emma

    Employees
    1'604 (-2.37%)

    Cooperative members 
    95'795 (2.01%)

    Sales 
    CHF 473 million (-2.9%)

    Migros Ticino
  • Migros Valais

    Migros Valais

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    Chairman of the Board of Directors
    Bernhard Monnet

    Managing Director
    Max Alter

    Employees
    2'078 (-0.95%)

    Cooperative members
    79'454 (0.89%)

    Sales
    CHF 503 million (-1.9%)

    Migros Valais
  • Migros Vaud

    Migros Vaud

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    Chairman of the Board of Directors
    Patrice Lambelet

    Managing Director
    Marc Schaefer

    Employees
    3'456 (-3.54%)

    Cooperative members
    152'192 (-0.35%)

    Sales
    CHF 1'119 million (-1.5%)

    Migros Vaud
  • Migros Zurich

    Migros Zurich

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    Chairman of the Board of Directors
    Edi Class

    Managing Director
    Jörg Blunschi

    Employees
    8'912 (-0.19%)

    Cooperative members
    326'371 (1.12%)

    Sales
    CHF 2'502 million (-0.2%)

    Migros Zurich

 

Organisation & Structure (pdf, 61.02 KB)