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Demoulas, Market Basket and Methuen mayor
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The New England grocery chain told a local news outlet it terminated the directors for making untrue statements about the ...
Local city councilors are the latest Merrimack Valley elected officials to back Market Basket’s suspended CEO, Arthur T. Demoulas.
Two Market Basket executives were placed on leave for "disruptive behavior." They say they were just asking questions. One of them was later fired.
Fired Market Basket executives are expected to share their side of why they were let go in a press conference on Wednesday.
Arthur T. Demoulas is the CEO of Market Basket, but he owns just 28-percent of the company. His three sisters each have a 20-percent share, for a total of 60-percent.
6don MSN
Market Basket fires two top executives, allies of Arthur T., hours after one gives radio interview
Joe Schmidt, Market Basket’s suspended director of operations, spoke on the radio to do "the right thing." He was fired hours later.
Embattled Market Basket CEO Arthur T. Demoulas said in a statement Tuesday Operations Director Joe Schmidt and Grocery ...
Demoulas, his daughter, Madeline, and his son, Telemachus, were also placed on leave, as well as several others, Justine Griffin, a spokesperson for Demoulas, told The Boston Globe.
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