Overview of Migros

Subsidiaries & Participatory Interests

The Migros Group includes the M-Industry companies, various retail and travel companies, Migros Bank and several foundations. On an organisational level, these are assigned to the CEO and the heads of the six departments of the FMC.

Generally, the subsidiaries are wholly owned by the Federation of Migros Cooperatives. They are managed directly by the heads of the respective departments, who are also responsible for appointing the board members. The chairman of the subsidiaries is usually a member of the Executive Board, which is responsible for the strategic orientation within the Migros Community.

The boards of directors are usually composed of internal members. External members are appointed if additional expertise is needed or if required by law. The FMC Board of Directors decides on external appointments, based on the recommendations of the Executive Board and the Remuneration and Nominations Committee.

Subsidiaries & direct participatory interests (operational), in alphabetical order by strategic business unit – as at 31.12.2018

Commerce

Denner AG

Managing Director
Mario Irminger

Chairman of the Board of Directors
Beat Zahnd

Number of employees
4'932 (5.27%)

Denner

Depot CH AG

DEPOT CH AG

Managing Director
Frank Meissner

Chairman of the Board of Directors
Beat Zahnd

Number of employees
342 (-2.84%)

Depot

Ex Libris AG

Managing Director
Daniel Röthlin

Chairman of the Board of Directors
Beat Zahnd

Number of employees
232 (-27.27%)

Ex Libris

Digitec Galaxus AG

Managing Director
Florian Teuteberg

Chairman of the Board of Directors
Beat Zahnd

Number of employees
1'065 (18.99%)

Digitec

Gries Deco Company GmbH

Managing Director
Christian Gries

Chairman of the Board of Directors
Beat Zahnd

Number of employees
5'521 (5.36%)

Gries Deco Company

Le Shop S.A.

Managing Director
Urs Schumacher

Chairman of the Board of Directors
Beat Zahnd

Number of employees
281 (12.85%)

Le Shop

Magazine zum Globus AG

Managing Director
Thomas Herbert

Chairman of the Board of Directors
Beat Zahnd

Number of employees
3'161 (-7.57%)

Globus

Migrol AG

Managing Director
Daniel Hofer

Chairman of the Board of Directors
Beat Zahnd

Number of employees
231 (-0.43%)

Migrol

migrolino AG

Managing Director
Markus Laenzlinger

Chairman of the Board of Directors
Beat Zahnd

Number of employees
133 (15.65%)

migrolino

Industry & Wholesaling

Aproz Sources Minérales SA

Managing Director
Michel Charbonnet

Chairman of the Board of Directors
Walter Huber

Number of employees
141 (3.68%)

aproz

Bischofszell Nahrungsmittel AG

Managing Director
Peter Hinder

Chairman of the Board of Directors
Walter Huber

Number of employees
1'012 (0.30%)

Bischofszell

Chocolat Frey AG

Managing Director
Hans-Ruedi Christen

Chairman of the Board of Directors
Walter Huber

Number of employees
1'095 (2.34%)

Frey

Delica AG

Managing Director
Raphael Gugerli

Chairman of the Board of Directors
Walter Huber

Number of employees
417 (5.30%)

Delica

Elsa Estavayer Lait SA

Managing Director
Matthew Robin

Chairman of the Board of Directors
Walter Huber

Number of employees
622 (-0.32%)

Elsa

Jowa AG

Managing Director
Otmar Hofer

Chairman of the Board of Directors
Walter Huber

Number of employees
3'222 (0.06%)

Jowa

Mibelle AG

Managing Director
Luigi Pedrocchi

Chairman of the Board of Directors
Walter Huber

Number of employees
499 (2.25%)

Mibelle Group

Micarna SA

Managing Director
Albert Baumann

Chairman of the Board of Directors
Walter Huber

Number of employees
2'884 (1.19%)

Micarna

Midor AG

Managing Director
Peter Brändle

Chairman of the Board of Directors
Walter Huber

Number of employees
602 (1.35%)

Midor

Mifa AG Frenkendorf

Managing Director
Luigi Pedrocchi

Chairman of the Board of Directors
Walter Huber

Number of employees
298 (-1.32%)

Mifa

Mifroma SA

Managing Director
Matthew Robin

Chairman of the Board of Directors
Walter Huber

Number of employees
268 (0.75%)

Mifroma

M-Industries

www.mindustry.com

M-Industrie Deutschland GmbH

Managing Director
Philipp Vogeley

Chairman of the Board of Directors
Thomas Meyer

Number of employees
38 (58.33%)

M-Industrie France SAS

Managing Director
Alain Hohwiller

Chairman of the Board of Directors
Raphael Gugerli

Number of employees
26 (160.00%)

M-Industry Canada

Managing Director
Colette Schilling

Chairman of the Board of Directors
Luigi Pedrocchi

Number of employees
2 (0.00%)

M-Industry China

Managing Director
des. Jose Chiu

Chairman of the Board of Directors
des. Peter Brändle

Number of employees
6 (100.00%)

M-Industry Japan K.K

Managing Director
Masaya Fujimori

Chairman of the Board of Directors
Jürg Burkhalter

Number of employees
9 (12.50%)

M-Industry Netherlands BV

Managing Director
-

Chairman of the Board of Directors
Raphael Gugerli

Number of employees
2 (0.00%)

M-Industry Spain

Managing Director
-

Chairman of the Board of Directors
Raphael Gugerli

Number of employees
2 (0.00%)

M-Industry USA Inc.

Managing Director
Colette Schilling

Chairman of the Board of Directors
Hans-Ruedi Christen

Number of employees
17 (0.00%)

Riseria Taverne SA

Managing Director
Daniel Feldmann

Chairman of the Board of Directors
Hans-Ruedi Christen

Number of employees
29 (3.57%)

Riseria Taverne SA

Saviva AG

Managing Director
André Hüsler

Chairman of the Board of Directors
Walter Huber

Number of employees
578 (-32.79%)

Saviva AG

Financial Services

Migros Bank AG (+ branch offices)

Managing Director
Harald Nedweg

Chairman of the Board of Directors
Fabrice Zumbrunnen

Members of the Board of Directors
Irene Billo-Riediker (intern)
Peter Meier (extern)
Isabel Stirnimann Schaller (extern)
Bernhard Kobler (extern)
Michael Hobmeier (extern)
Joerg Zulauf (intern)

Number of employees
1'519 (2.70%)

Migros Bank