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Market Basket Board Fires Demoulas Lieutenants and Elevates Veteran Managers

The action builds on last month’s suspensions aimed at halting a potential walkout to shore up board oversight.

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Former Market Basket executives Joe Schmidt, right, and Tom Gordon are scheduled to speak Wednesday, July 23, 2025, about being fired by the company’s board of directors.

Overview

  • Joe Schmidt and Tom Gordon were terminated for insubordination after allegedly encouraging employees to slow operations and launch an unauthorized media campaign.
  • The board promoted Chuck Casassa to director of operations, Kevin Feole to director of grocery operations and Steve Paulenka to director of strategic planning.
  • Law firm Quinn Emanuel remains on retainer to investigate rumors of a planned work stoppage echoing the 2014 protests.
  • Chief Executive Arthur T. Demoulas continues on paid leave as the family dispute over control and succession at the $8 billion chain persists.
  • Ownership is split with Demoulas holding 28% and his three sisters controlling a 60% voting bloc, intensifying the boardroom power struggle.