The Federation of Migros Cooperatives is a cooperative association as defined by Art. 921 et seq. OR. Together with the affiliated regional Cooperatives, the companies that belong to them and the foundations, it makes up the Migros Community, or simply Migros.
The Federation of Migros Cooperatives (FMC) coordinates the activities of Migros, determines its strategy and represents the Migros Community to the outside world. As a Migros service provider, it 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.
The cooperative capital of the FMC amounts to CHF 15 million (Migros Group Financial Report, scope of consolidation, page 101). The shares have a nominal value of CHF 1’000, pay interest of 4 % and are not transferable.
Regional cooperative |
Proportion |
Migros Cooperative Zurich (MCZ) |
32.3 % |
Migros Cooperative Aare (MCAA) |
19.8 % |
Migros Cooperative Eastern Switzerland (MCES) |
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 Neuchâtel-Fribourg (MCNE-FR) |
4.4 % |
Migros Cooperative Ticino (MCTI) |
3.8 % |
Migros Cooperative Valais (MCVS) |
1.7 % |
In accordance with the statutes, the shares that do not represent participation certificates were 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.
Chairman of the Board of Directors Thomas Aebersold
Managing Director Reto Sopranetti (since 01.04.22, previously ad interim)
Employees 9’583 (–15.2 %)
Cooperative members 543’932 (+1.1 %)
Sales (incl. subsidiaries) CHF 3’261 million (–2.8 %)
Chairman of the Board of Directors Werner Krättli (until 31.12.2022)
Managing Director Anita Weckherlin
Employees 2’955 (–10.7 %)
Cooperative members 170’099 (+0.4 %)
Sales (incl. subsidiaries) CHF 942 million (–3.4 %)
Chairman of the Board of Directors Frédéric Berney
Managing Director Philippe Echenard
Employees 2’493 (–11.5 %)
Cooperative members 135’651 (+1.6 %)
Sales (incl. subsidiaries) CHF 1’062 million (–0.2 %)
Chairman of the Board of Directors Felix Meyer
Managing Director Guido Rast
Employees 5’114 (–12.6 %)
Cooperative members 208’230 (+1.8 %)
Sales (incl. subsidiaries) CHF 1’488 million (–3.0 %)
Chairman of the Board of Directors Thierry Grosjean
Managing Director Jean-Marc Bovay
Employees 1’790 (–23.3 %)
Cooperative members 127’743 (+0.6 %)
Sales (incl. subsidiaries) CHF 742 million (–2.6 %)
Chairman of the Board of Directors Leo Staub
Managing Director Peter Diethelm
Employees 9’022 (+0.1 %)
Cooperative members 427’624 (+0.6 %)
Sales (incl. subsidiaries) CHF 2’409 million (–2.1 %)
Chairwoman of the Board of Directors Monica Duca Widmer
Managing Director Mattia Keller
Employees 1’222 (–15.7 %)
Cooperative members 104’902 (+0.7 %)
Sales (incl. subsidiaries) CHF 460 million (–11.0 %)
Chairman of the Board of Directors Patrice Lambelet
Managing Director Anton Chatelan
Employees 2’946 (–9.4 %)
Cooperative members 162’794 (+1.4 %)
Sales (incl. subsidiaries) CHF 1’104 million (–3.2 %)
Chairman of the Board of Directors Bernard Monnet (until 31.12.2022)
Managing Director Max Alter
Employees 1’353 (–23.3 %)
Cooperative members 86’624 (+3.7 %)
Sales CHF 482 million (–0.9 %)
Chairman of the Board of Directors Christian Biland
Managing Director Jörg Blunschi
Employees 7’066 (–22.1 %)
Cooperative members 340’340 (+1.3 %)
Sales (incl. subsidiaries) CHF 4’035 million (–0.9 %)