Longtime Market Basket Board Member Ousted Amid CEO Feud
The board investigated rumors of a planned work disruption to protect Demoulas's job, leading to the removal of his last ally and multiple firings, sources said.
9 Articles
9 Articles
'Arthur's rubber stamp': Market Basket board cans final Demoulas ally
TEWKSBURY, Mass. (WPRI) — Suspended Market Basket CEO Arthur T. Demoulas' three sisters have ousted his last remaining ally from the supermarket chain's Board of Directors, 12 News has learned. In a statement issued Monday, Bill Shea announced that Demoulas' sisters — Frances Kettenbach, Glorianne Demoulas Farnham and Caren Demoulas Pasquale — voted earlier this month to remove him the board after 26 years of service. The board now consists of J…
Last Artie T. ally on Market Basket board says he was removed by Demoulas sisters
TEWKSBURY — A longtime member of the Market Basket board of directors says he was removed from the board by the three Demoulas sisters earlier this month amid an escalating company shakeup within the popular eastern New England grocery chain.
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- 63% of the sources are Center
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