executive committee Archives
Posted inIndependent Store News, Executive News, News, Northeast

Market Basket Board Of Directors Suspends CEO, Begins Investigation

The executive committee of the Market Basket Board of Directors has placed CEO and minority shareholder Arthur T. Demoulas and several other employees on paid administrative leave, effective immediately, while an investigation is conducted into the CEO’s conduct. The investigation will include a review of allegations that Demoulas began to plan a disruption of the […]