Governance

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 Cooperatives, the companies that belong to them and 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. 107). The shares have a nominal value of CHF 1'000, pay interest of 4% 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

  • Migros Aare

    Migros Aare

    close

    Chairman of the Board of Directors
    Thomas Aebersold

    Managing Director 
    Anton Gäumann

    Employees
    11'700 (0.43%)

    Cooperative members
    506'302 (0.21%)

    Sales
    CHF 3'315 million (-0.6%)

    Migros Aare
  • Migros Basel

    Migros Basel

    close

    Chairman of the Board of Directors
    Werner Krättli

    Managing Director
    Stefano Patrigniani

    Employees
    3'476 (1.25%)

    Cooperative members
    168'543 (-0.3%)

    Sales
    CHF 922 million (-0.8%)

    Migros Basel
  • Migros Geneva

    Migros Geneva

    close

    Chairman of the Board of Directors
    Guy Vibourel

    Managing Director
    Philippe Echenard

    Employees
    3'385 (-2.95%)

    Cooperative members
    133'391 (0.62%)

    Sales
    CHF 966 Mio. (-2.3%)

    Migros Geneva
  • Migros Lucerne

    Migros Lucerne

    close

    Chairman of the Board of Directors
    Anton Wechsler

    Managing Director
    Felix Meyer

    Employees
    5'960 (-1.29%)

    Cooperative members
    191'580 (1.78%)

    Sales
    CHF 1'429 million (0.9%)

    Migros Lucerne
  • Migros Neuchâtel-Fribourg

    Migros Neuchâtel-Fribourg

    close

    Chairperson of the Board of Directors
    Damien Piller

    Managing Director
    Jean-Marc Bovay

    Employees
    2'608 (-1.29%)

    Cooperative members
    123'018 (0.04%)

    Sales
    CHF 744 million (-3%)

    Migros Neuchâtel-Fribourg
  • Migros Eastern Switzerland

    Migros Eastern Switzerland

    close

    Chairman of the Board of Directors
    Leo Staub

    Managing Director
    Peter Diethelm

    Employees
    9'768 (0.52%)

    Cooperative members 
    410'273 (-0.01%)

    Sales 
    CHF 2'358 million (-1%)

    Migros Eastern Switzerland
  • Migros Ticino

    Migros Ticino

    close

    Chairperson of the Board of Directors
    Monica Duca Widmer

    Managing Director
    Lorenzo Emma

    Employees
    1'582 (-1.37%)

    Cooperative members 
    97'987 (2.29%)

    Sales
    CHF 467 million (-1.3%)

    Migros Ticino
  • Migros Vaud

    Migros Vaud

    close

    Chairman of the Board of Directors
    Patrice Lambelet

    Managing Director
    Marc Schaefer

    Employees
    3'424 (-0.93%)

    Cooperative members
    151'184 (-0.66%)

    Sales
    CHF 1'108 million (-1%)

    Migros Vaud
  • Migros Valais

    Migros Valais

    close

    Chairman of the Board of Directors
    Bernhard Monnet

    Managing Director
    Max Alter

    Employees
    2'036 (-2.02%)

    Cooperative members
    79'454 (0%)

    Sales
    CHF 494 million (-1.8%)

    Migros Valais
  • Migros Zurich

    Migros Zurich

    close

    Chairman of the Board of Directors
    Edi Class

    Managing Director
    Jörg Blunschi

    Employees
    8'968 (0.63%)

    Cooperative members 
    326'086 (-0.09%)

    Sales
    CHF 2'506 million (0.2%)

    Migros Zurich

Organisational chart

As at: 31.12.2016

Organisational Chart of Migros

Organisation & Structure (pdf, 140.89 KB)