Rather than celebrating such a milestone, the sisters and the board have been at odds with Demoulas, who was eventually put on leave by the board in May. That prompted …
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Business News
Former Market Basket CEO sues over illegal removal, cites family conflict
by Lindaby LindaThe former CEO of Market Basket is suing the company, saying its board of directors illegally removed him from his position. Arthur T. Demoulas filed the countersuit in Delaware court …
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Business News
Market Basket isn’t the only Boston-area business to struggle with succession
by Lindaby LindaThe Tatelmans agreed to sell to Buffett’s Berkshire Hathaway in 1999 and stayed on to run Jordan’s. Barry eventually left to produce Broadway shows; his children never ended up in …