TEWKSBURY — A lengthy lawsuit filed by former Market Basket CEO Arthur T. Demoulas on Wednesday lays out his version of the events leading up to and following his May 28 suspension, while he outright denies all the allegations made against him by the company’s Board of Directors.
Business
Artie T. fires back: Former Market Basket CEO countersues company after firing
Former Market Basket CEO Arthur T. Demoulas filed a counterclaim Wednesday against the board of the company after his firing last month.
Lowell City Council shows support for Arthur T. Demoulas in letter to Market Basket board
LOWELL — Mayor Dan Rourke and the Lowell City Council penned a letter Friday to the Market Basket board of directors in support of embattled CEO Arthur T. Demoulas, just days after two Demoulas allies were officially fired.
Editorial: Top execs’ firing first step in reckless Market Basket coup
And so, the purge begins. That’s the only way to describe the firing of the two top executives of Market Basket CEO Arthur T. Demoulas’ leadership team. The two veteran employees, Joe Schmidt, director of operations, and Tom Gordon, the chain’s top grocery supervisor, who have a combined 89 years of service to the company, […]
Methuen mayor calls for end to ‘power struggle’ at Market Basket, return of CEO
Methuen Mayor David Beauregard issued a letter to the Market Basket Board of Directors on Thursday, calling for an end to the ongoing corporate drama within the company and reinstate the suspended CEO.
‘Never going to stop fighting for this company’: Fired Market Basket execs speak out
READING — Two Market Basket executives spoke out Wednesday after they were both informed a day earlier they were being fired from their positions after a combined 89 years working at the company.