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Embattled Market Basket CEO Arthur T. Demoulas said in a statement Tuesday Operations Director Joe Schmidt and Grocery ...
TEWKSBURY, Mass. (WPRI) — Market Basket’s Board of Directors has fired two top executives loyal to suspended CEO Arthur T.
Two longtime Market Basket executives have been fired two months after they were suspended during a leadership battle.
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Joe Schmidt, Market Basket’s suspended director of operations, spoke on the radio to do "the right thing." He was fired hours later.
In his statement, Demoulas claimed the suspension was part of a hostile takeover attempt. “Today, Arthur T. Demoulas was ousted from his position as president and CEO of Market Basket by his ...
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.
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