succession planning

A Raymond James survey of U.S. business owners reveals a strong intent for succession planning, with 88% planning to transition their stake within a decade. Many owners have high asset concentration in their businesses and anticipate needing growth capital, with private equity and bank loans being top funding considerations. While family succession is a common goal, a potential blind spot exists regarding human capital and next-generation leadership readiness.

FEMSA (NYSE: FMX) announced Jose Antonio Fernández Garza-Lagüera as its next CEO, effective November 1, 2025. Garza-Lagüera, currently CEO of FEMSA Proximity & Health, brings extensive experience from various leadership roles within the company. The appointment follows a structured succession plan. José Antonio Fernández Carbajal will remain Executive Chairman to ensure a smooth transition. Garza-Lagüera currently manages a large operation including over 28,000 stores across multiple countries, showcasing his capabilities to drive FEMSA’s growth, innovation, and sustainability focus.