FEMSA appoints Jose Antonio Fernández Garza-Lagüera as next CEO
Fernández Garza-Lagüera will take over from interim Jose Antonio Fernández Carbajal in November.
Fomento Económico Mexicano (FEMSA) announced that its Board of Directors has appointed Jose Antonio Fernández Garza-Lagüera as Chief Executive Officer, who will succeed interim CEO Jose Antonio Fernández Carbajal in November.
The appointment follows a succession planning process initiated in mid-2024 by FEMSA’s Corporate Practices and Nominations Committee. The process was overseen by a Special Committee of the Board, chaired by Ricardo Saldívar Escajadillo and composed of members of the CPSN along with three independent directors.
Currently CEO of FEMSA Proximity & Health, Fernández Garza-Lagüera joined Cervecería Cuauhtémoc Moctezuma Heineken in 2011 as Sales and Operations Manager. Since then, he has held multiple leadership roles across the company’s business units, including Director of Strategic Planning at OXXO and FEMSA Comercio, CEO of FEMSA’s Plastics Division, CEO of Coca-Cola FEMSA Central America, CEO of Spin, and his current role leading Proximity & Health.
In his present position, he oversees more than 180,000 employees and operations spanning over 28,000 convenience stores across 11 countries in the Americas and Europe, more than 4,300 pharmacies in four Latin American markets, and more than 550 fuel stations in Mexico.
Interim CEO Jose Antonio Fernández Carbaja will continue as Executive Chairman of the Board. With a strategic outlook and results-driven leadership style, Fernández Garza-Lagüera is expected to guide FEMSA into a new phase of economic and social value creation.
