Market Basket, Demoulas and board of directors
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Joe Schmidt, Market Basket’s suspended director of operations, spoke on the radio to do "the right thing." He was fired hours later.
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The Standard-Times on MSNTwo top Market Basket executives, loyal to Artie T., speak out about being firedTwo former top executives at Market Basket and allies of CEO Arthur T. Demoulas spoke out on July 23 about their recent firing.
According to the Market Basket Board of Directors, both Schmidt and Gordon were fired for making false and derogatory remarks about the company and people associated with it, and inappropriate communications with colleagues.
TEWKSBURY, Mass. (WPRI) — Market Basket’s Board of Directors has fired two top executives loyal to suspended CEO Arthur T. Demoulas. The board is accusing Director of Operations Joe Schimdt and Grocery Director Tom Gordon of “insubordination, making false and derogatory remarks about Market Basket and inappropriate communications with colleagues.”
Members of the board of directors praised the new executives, but suspended CEO Arthur T. Demoulas attacked the decision and the board members.