According to the Market Basket Board of Directors, both Schmidt and Gordon were fired for making false and derogatory remarks ...

Joe Schmidt, the director of operations, and another suspended employee, grocery supervisor Tom Gordon, were fired Tuesday, ...

Board alleges “insubordination” on part of former Director of Operations Joe Schmidt and Grocery Director Tom Gordon ...

Two Market Basket executives who were fired Tuesday say the move was part of an effort to silence employees who oppose ...

And so, the purge begins. That's the only way to describe the firing of the two top executives of Market Basket CEO Arthur T. Demoulas' leadership team. The two veteran employees, Joe Schmidt, ...

Methuen Mayor David Beauregard issued a letter to the Market Basket Board of Directors on Thursday, calling for an end to the ...

Market Basket Director of Operations Joe Schmidt, center, with CEO Arthur T. Demoulas’ children Telemachus Demoulas, left, and Madeline Demoulas at the new store on Old Ferry Road in Lowell in 2020.

Two Market Basket executives who have been placed on leave denied accusations from the board that CEO Arthur T. Demoulas was trying to "hijack" the company. Skip to content NOWCAST News 9 Daybreak ...

As Market Basket navigates this governance crisis, it underscores the need for family businesses to balance family interests with robust corporate governance to ensure long-term stability and success.

Market Basket chief executive Arthur T. Demoulas has been placed on paid administrative leave by the company’s board of directors to investigate alleged plans to lead a work stoppage.