The renewal of corporate power: The rise of new dynasties in the BMV
The main companies listed on the Mexican Stock Exchange (BMV) have accelerated the integration of their heirs into strategic positions, paving the way for the continuation of business legacies that have endured for decades.
The consolidation of the Garza Sada family in FEMSA
In Fomento Económico Mexicano (FEMSA), the operational transition has taken a fundamental step with the rise of José Antonio Fernández Garza-Lagüera (43 years old) as CEO of a key segment of the group. Known in the corporate world as "Diablito", the executive has a 14-year preparation history within the company, where he has served as Strategic Planning Director at Oxxo and FEMSA, General Director of Coca-Cola FEMSA Central America, General Director of the fintech Spin, and manager at Cervecería Cuauhtémoc Moctezuma.
Fernández Garza-Lagüera is the son of José Antonio "El Diablo" Fernández Carbajal (current executive president of the FEMSA Board) and Eva María Garza Lagüera Gonda, who is a direct descendant of the founder and business icon Eugenio Garza Sada.
The third generation of the Slim family
In the business ecosystem of Carlos Slim, which encompasses corporations such as América Móvil, Grupo Carso, and Grupo Financiero Inbursa, five of his grandchildren are already in high management and corporate governance positions:
- Vanessa Hajj Slim (26 years old): She became the youngest person to join as a full member of the Board of Directors of América Móvil, where she holds more than 10,935 million Series B shares.
- Arturo Elías Slim: He serves as general director of Claroshop.com (the family's e-commerce platform managing online sales for Sanborns) and has joined the Board of Grupo Sanborns.
- Rodrigo Hajj Slim: He serves as an advisor to the Board of Directors of Grupo Sanborns, which includes the group's stores as well as the iShop and MixUp chains.
- Daniel Hajj Slim: He is a member of the Latin America Sites Board (the group's infrastructure firm) and an advisor to Eurotelesites, which operates telecommunications services in Austria and Eastern Europe.
- Diego Slim Aramburú: He actively participates as a member of the Board of Directors of Minera Frisco.
The executive turnover at Grupo Bimbo
The multinational bakery is also progressing in integrating its fourth family generation through two key profiles holding critical decision-making positions:
- Fernando Lerdo de Tejada Servitje: He serves as deputy general director of Grupo Bimbo, backed by a long internal career within the organization.
- Raúl Obregón Servitje: He has held the deputy general director position of Grupo Bimbo for two years and has globally led the Information and Transformation office since 2017, after directing the Latin America division and corporate sales management.
At next+ we believe that the generational succession at FEMSA, Carso, and Bimbo demonstrates that the corporate dynasties of Mexico are not leaving their future to chance or the improvisation of third parties. What we see is a highly mature institutionalization strategy: heirs do not assume command immediately by right of blood, but instead go through training processes of more than a decade in mid-level operational positions, regional management, and digital transformation committees. In a globalized economy with high financial volatility, the ability of these young executives to balance the preservation of traditional family values with the digitalization of e-commerce, the deployment of fintech, and international expansion will be the true factor that defines whether these gigantic corporations maintain their hegemony on the BMV.