As of September 2025, Don Mulligan is the interim CEO of Market Basket, replacing long-time leader Arthur T. Demoulas, who was fired by the board of directors following internal, high-stakes family disagreements and allegations of planned work stoppages.
TEWKSBURY, Mass. — Arthur T. Demoulas has been removed as president and CEO of the Tewksbury-based Market Basket grocery store chain, months after he was suspended over allegations that he had been considering leading a work stoppage.
According to the board, Arthur T. Demoulas currently owns 28.4 percent of Market Basket. His three sisters collectively own 61.3 percent. The other 10.3 percent is in a trust for the 14 children of Demoulas and his sisters.
(led by Arthur S. Demoulas), the company that runs the Market Basket chain of supermarkets, fired President and CEO Arthur T. Demoulas. Demoulas's dismissal resulted in protests from the company's employees and customers.
1. Jim Walton. The 74 year old is the youngest son of Walmart founder Sam Walton. It is estimated that he has a net worth of $62.5 billion (€58.7 billion), according to Forbes, which places him as the richest grocer on the list, as well as the 16th richest person overall.
Arthur T. Demoulas fired as Market Basket CEO and more top stories
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Asda owner Mohsin Issa could pay the supermarket's next chief executive a package of up to £10m, according to City sources. The Telegraph reported that the offer of between £8m and £10m comes as Issa struggles to find a new boss for Asda, following previous failed attempts in 2022.
On August 27, 2014, the shareholders of Market Basket reached a deal to sell the remaining 50.5% shares of the company to Arthur T. Demoulas and his sisters for $1.5 billion.
Morrisons' stance is complex, generally avoiding political alignment but facing pressure from both sides, primarily by sourcing some produce from Israel while committing not to source from Occupied Palestinian Territories, leading to boycotts and campaigns from Palestinian solidarity groups. They've responded to campaigns by removing products or correcting misrepresentations (like a Ramadan calendar listing the Al-Aqsa Mosque in Israel) but maintain sourcing from Israel as a business decision, not political support, despite ongoing consumer activism.
Ousted Market Basket CEO Arthur Demoulas denied several allegations of wrongdoing and testified that he had been acting within the board of directors' guidelines before he was suspended earlier this year and ultimately fired, according to reports.
Market Basket CEO on paid leave over allegedly plotting work stoppage. In 2014, a long-simmering fight between Arthur T. Demoulas and Arthur S. Demoulas, his cousin, devolved into a company-wide boycott and employee walkouts.
Athanasios and Efrosini Demoulas immigrate from Kalambaka, Greece and settle in Lowell, Massachusetts. Having been familiar with farming and agriculture from his homeland, Athanasios begins to cultivate crops and tend livestock.
The 5-4-3-2-1 grocery method is a viral TikTok trend for balanced, easy meal planning, guiding you to buy 5 vegetables, 4 fruits, 3 proteins, 2 grains/carbs, and 1 fun treat (or 2 sauces/spreads + 1 treat) for the week, simplifying shopping by focusing on food groups rather than specific recipes, allowing for flexibility while ensuring a variety of nutrients.
In less than tow weeks after his discharge LaRosa became a regular on The Arthur Godfrey Show, Godfreys morning radio program. Godfrey demanded loyalty from his employees and when LaRosa hired an agent without handling it internally as Godfrey wanted, he said LaRosa lacked humility which led to his firing.
For decades, two members of the family that owns Market Basket—Arthur T. Demoulas and Arthur S. Demoulas—have been fighting for control of the business.
Market Basket has named Don Mulligan as the Massachusetts-based supermarket chain's interim Chief Executive Officer. He replaces fired CEO Arthur T. Demoulas. Read more: https://cbsloc.al/4nESPvz.
No, {Link: Tesco is not Israeli-owned; it's a British multinational retailer founded by Polish Jewish immigrant Jack Cohen, now owned by institutional investors and publicly traded on the London Stock Exchange. While its founder had Jewish heritage and the company has faced scrutiny over stocking Israeli-sourced goods, Tesco is a British entity with global shareholders, not Israeli ownership.
The Market Basket board voted unanimously late Tuesday night to remove Arthur T. Demoulas as president and CEO of the beloved New England supermarket chain that has been caught up in a yearslong family feud over its ownership. The move comes after failed mediation to resolve differences between the two parties.
The Jenkins family built and own part of Florida-based Publix Super Markets, which operates 1,360 grocery stores in eight southeastern states. Publix is the largest employee-owned company in the U.S.; employees and former employees own an estimated 80% and Jenkins family members own the rest.
Compensation. In 2021, Kempczinski's total compensation from McDonald's was $20 million. In 2023, Kempczinski's total compensation from McDonald's was $19.2 million, or 1,212 times the median employee pay at McDonald's for that year.
