Fomento Económico Mexicano, S.A.B. De C.V. Appoints Mr. Luis Alberto Moreno Mejía to the Board of Directors
March 26, 2021 at 10:05 am
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Fomento Económico Mexicano, S.A.B. de C.V. announced that Mr. Luis Alberto Moreno Mejía was appointed to of FEMSA’s Board of Directors in its Annual Ordinary General Shareholders Meeting held on March 24. Luis Alberto Moreno will act as Independent Board Member of the Company and will also serve in the Corporate Practices Committee of the Board of Directors.
Fomento Economico Mexicano, S.A.B. de C.V. (FEMSA) is a holding company. The Company's segments are Coca-Cola FEMSA, FEMSA Comercio-Retail Division and FEMSA Comercio-Fuel Division. The Company conducts its operations through holding companies, such as Coca-Cola FEMSA, S.A.B. de C.V. and subsidiaries (Coca-Cola FEMSA), which produces, distributes and sells beverages; FEMSA Comercio, S.A. de C.V. and subsidiaries (FEMSA Comercio), which consists of a Retail Division operating various small-format chain stores, and CB Equity LLP, which holds its equity investment in Heineken N.V., and Heineken Holding N.V. The Company's Coca-Cola FEMSA produces, markets, sells and distributes Coca-Cola trademark beverages through standard bottler agreements in certain territories in the countries, in which it operates. Coca-Cola FEMSA also sells bottled water products. FEMSA participates in the retail sector primarily through FEMSA Comercio.