All is quiet after Wednesday Market Basket mediation
The mediation follows months of corporate conflict involving family ownership disputes and administrative leaves of executives allied with Arthur T. Demoulas.
2 Articles
2 Articles
In mediation between Arthur T. Demoulas and Market Basket board, no resolution yet - The Boston Globe
It’s unlikely the board will restore Demoulas to the CEO’s job without new restrictions, such as a term limit and a succession plan that doesn’t involve his children.
All is quiet after Wednesday Market Basket mediation
Suspended Market Basket CEO Arthur T. Demoulas and the grocery chain’s board of directors met in Delaware Wednesday for a highly anticipated mediation session between the two parties amid ongoing company turmoil. After months of an intensive media campaign and dueling public statements on both sides of the corporate drama, however, a relative silence has fallen with no resolution announced by either side as of Thursday afternoon. In the leadup t…
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