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The decision to place Demoulas on leave echoes the controversy that led to widespread strikes at the supermarket chain in 2014.
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 ...
Market Basket and the Demoulas family have been inextricable over the past 108 years since it was founded. But ...
Market Basket CEO Arthur T. Demoulas was placed on paid leave amid an investigation into alleged planned business disruption. This follows a 2014 strike where employees protested Demoulas's firing ...
Another power struggle erupted inside the Market Basket grocery empire on Wednesday when the company board’s executive committee placed longtime chief executive Arthur T. Demoulas on paid leave ...
Market Basket CEO Arthur T. Demoulas is greeted and mobbed by employees after a speech to those employees, as he returns to work after purchasing the company in 2014.
Born in 1955, Arthur Telemachus Demoulas spent his youth working at his family business – the Market Basket chain of supermarkets that are popular throughout New England.
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.
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 CEO Arthur T. Demoulas walks outside the store off of Pawtucket Boulevard in Lowell as it prepares to open on Oct. 9, 2020. In a move reminiscent of the summer of 2014 when Demoulas ...
Two employees who support Demoulas say the normally orderly headquarters has turned chaotic, while the board’s executive committee maintains there has been no disruption to operations.
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