Market Basket CEO Arthur T. Demoulas suspended amid board conflict

In the United States, Market Basket is facing internal turmoil as its CEO Arthur T. Demoulas was suspended from his position by the board of directors on May 28, 2025. The board's decision comes amid an escalating dispute regarding Demoulas' role within the supermarket chain, which is known for its dedicated customer base and significant presence in New England. According to reports, the board is investigating claims that Demoulas may have been planning a work stoppage in retaliation for recent requests for better communication and oversight from the board. Market Basket's Board Chair, Jay Hachigian, accused Demoulas of acting as though he owns the entire company and failing to collaborate with the board. Hachigian emphasized that the board's actions are necessary to maintain accountability and proper governance within the company, asserting that the conflict is not simply a family dispute but rather a matter of corporate leadership and structure. This internal strife comes after a similar incident occurred over a decade ago when Demoulas was forced out by his cousin, resulting in a customer boycott and employee actions that ultimately led to his return under a major buyout agreement. Compounding the issue, the current board includes members appointed by Demoulas' sisters, further complicating the dynamics of decision-making. As of now, no formal negotiations appear to be taking place between Demoulas and the board, leaving shoppers and employees concerned about the future of the chain. Shoppers have expressed their hopes that the conflict will be resolved quickly, with sentiments that they do not desire a repeat of the turmoil that occurred during the previous board struggle in 2014, which significantly disrupted operations at their beloved store.