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Market Basket Fires Longtime Finance Executive as Board Reshapes Leadership

The ouster follows the September removal of CEO Arthur T. Demoulas, with a Delaware court bid to reinstate him underway.

Overview

  • Susan (Sue) Dufresne, a 30-year finance leader at Market Basket, was informed on Sept. 30 that the board had terminated her employment.
  • The dismissal letter accused Dufresne of disclosing confidential company information and making unauthorized public statements in media interviews supporting Arthur T. Demoulas.
  • Dufresne said her comments reflected loyalty to the company and its values, Demoulas praised her contributions, and the board’s attorney called her statements untrue and inflammatory.
  • Her firing extends a broader leadership overhaul that included Demoulas’s removal last month and other departures, with CFO Don Mulligan appointed interim CEO.
  • The personnel moves unfold within a family control dispute, as Demoulas seeks reinstatement through the Delaware Court of Chancery.