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And so, the purge begins. That’s the only way to describe the firing of the two top executives of Market Basket CEO Arthur T.
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.
Market Basket's board says it has placed CEO Arthur T. Demoulas on leave, citing allegations that he was planning a work stoppage among employees at the family-controlled supermarket chain. One ...
Two longtime Market Basket executives who were placed on paid administrative leave by the grocery chain’s board of directors alongside CEO Arthur T. Demoulas called the board’s allegations ...
On Wednesday, Market Basket CEO Arthur T. Demoulas was put on administrative leave in the latest update to the family-owned grocery store franchise’s decades-long power struggle. On July 18 ...
LOWELL, Massachusetts — A day after the latest Market Basket family feud came to light, it was unclear whether this will be a repeat of the 2014 saga, but the ...
The Market Basket CEO crisis has been 108 years in the making. expand. File photo of Market Basket's longtime chief executive, Arthur T. Demoulas from 2014. W. Marc Bernsau | Business ...