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A few weeks after Arthur T. Demoulas was put on paid leave, board member Bill Shea wrote to chairman Jay Hachigian that the ...
Market Basket and the Demoulas family have been inextricable over the past 108 years since it was founded. But ...
The company’s charter effectively gives him veto power that prevents it from being sold without his say-so, should that situation arise.
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Two Market Basket executives put on paid leave by the Board of Directors, are speaking out about the ongoing power struggle.
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.
The decision to place Demoulas on leave echoes the controversy that led to widespread strikes at the supermarket chain in 2014.
The popular Market Basket CEO and several others were placed on leave, accused of plotting against the company's Board of Directors. It's been 11 years since the last time he was ousted from the ...
Market Basket shoppers said they hope the company's CEO Arthur T. Demoulas and the board of directors get things settled.
Arthur T. Demoulas, the CEO of Market Basket, has been placed on paid administrative leave by the company's board of directors.In a letter to employees, the board's executive committee said that ...
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.
On July 18, 2014, Market Basket employees protested at the company’s headquarters and staged walkouts after Arthur T. Demoulas’s cousin, Arthur S. Demoulas, fired Arthur T. Demoulas.
Market Basket’s Board of Directors has placed CEO Arthur T. Demoulas on paid administrative leave amid claims that he was in the process of orchestrating a companywide work stoppage, 12 News … ...
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