2 Market Basket executives speak out
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2don MSN
Two Market Basket executives put on paid leave by the Board of Directors, are speaking out about the ongoing power struggle.
The Market Basket board of directors has put CEO Arthur T. Demoulas on administrative leave. Demoulas says his ousting is a hostile takeover from the board.
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.