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Market Basket board shakes up executive ranks amid leadership fight

EASTERN NEW ENGLAND, JUL 22 – Market Basket's board fired two executives amid allegations they planned a work stoppage to protect CEO Arthur T. Demoulas, triggering a family feud over company control.

  • In 2014, Market Basket's board controlled by Arthur S. Demoulas fired CEO Arthur T. Demoulas, triggering strikes and boycotts at stores in Maine and beyond.
  • The firing followed intense family disputes over succession and control, with the board accusing Arthur T. Demoulas and executives of planning a work stoppage to resist changes.
  • Operations director Joseph Schmidt and grocery supervisor Tom Gordon were fired for allegedly encouraging disruptions, though they denied strike planning and condemned the board's claims as a coup.
  • Schmidt stated, "I THINK IT'S A COUP. I THINK IT HAS BEEN FROM DAY ONE," while customers and employees said they supported the low-price culture Demoulas protected.
  • The conflict cost the company millions, and the ongoing investigation into work stoppage plans highlights continuing leadership instability and family power struggles.
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progressivegrocer.com broke the news in on Tuesday, July 22, 2025.
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