Market Basket Board suspends CEO Arthur T. Demoulas
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Should you boycott Market Basket? Some readers are walking away, others are staying loyal. Read how the controversy is unfolding.
The Market Basket board of directors has put CEO Arthur T. Demoulas on administrative leave. Demoulas says his ousting is a hostile takeover from the board.
This isn't the first time CEO Arthur T. Demoulas has clashed with the supermarket chain's board of directors. Here's what happened last time.
As Market Basket navigates this governance crisis, it underscores the need for family businesses to balance family interests with robust corporate governance to ensure long-term stability and success.