Market Basket names Chuck Casassa president
The leadership changes come days after a Delaware Court of Chancery ruling upheld the company’s decision to remove former CEO Arthur T. Demoulas.
The leadership changes come days after a Delaware Court of Chancery ruling upheld the company’s decision to remove former CEO Arthur T. Demoulas.
The appointment follows the recent ouster of Arthur T. Demoulas from the top post after months of disagreement between him and the board.
“Despite extensive efforts by the Board and Demoulas to come to terms, the mediation was not successful.”