Minutes from recent board meetings obtained by the Globe shed new light on issues that seem to be tearing apart the ...

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

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

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 ...

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

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, ...

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 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.

Market Basket's board says it has placed CEO Arthur T. Demoulas on leave, citing allegations that he was planning a work stoppage among employees at the family-controlled supermarket chain. One of ...