Overview
- On May 28, Market Basket’s executive committee placed CEO Arthur T. Demoulas on paid administrative leave pending an inquiry into whether he plotted a disruptive work stoppage
- The board cited “credible allegations” that Demoulas and several top deputies were preparing a retaliatory walkout over demands for greater oversight and succession planning
- Demoulas and his sisters, who together control a majority stake, have called the action a “farcical cover for a hostile takeover” and deny any plans to disrupt operations
- Long-time managers have been tasked with running day-to-day operations to ensure service quality and to protect employee jobs and benefits
- Many loyal customers and some employees are discussing a repeat boycott in solidarity with Demoulas, evoking the mass protests of 2014