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Market Basket Fires 30-Year Finance Leader Sue Dufresne, Marking Seventh Top Ouster

The board cited unauthorized media disclosures in a continuing purge of Arthur T. Demoulas allies.

Overview

  • Dufresne, a three-decade finance executive, learned on Sept. 30 that the board had terminated her employment, according to her spokesperson.
  • Her termination letter accused her of disclosing confidential company information and making unauthorized public statements in interviews with the Boston Globe and Boston Herald.
  • Board attorney Harvey Wolkoff said her remarks were untrue and inflammatory, while Dufresne said she stood up for the truth and Arthur T. Demoulas praised her record and stewardship of the profit-sharing plan.
  • The move follows the board’s removal of CEO Arthur T. Demoulas and earlier firings of Joe Schmidt and Tom Gordon, with multiple reports noting seven of the top eight executives have now been ousted.
  • Chief Financial Officer Donald T. Mulligan is serving as interim CEO, and Demoulas has filed a counterclaim in Delaware seeking reinstatement.