WILMINGTON — In a scene reminiscent of the summer of 2014 when Market Basket CEO Arthur T. Demoulas was fired by his cousin, the Demoulas family and their grocery empire is again making headlines.
In an announcement made last week, Justine Griffin, a spokesperson for Arthur T. Demoulas, stated, “Today, Mr. Arthur T. Demoulas was ousted from his position as president and CEO of Market Basket by his three sisters and their three appointed board members — Jay Hachigian, Steven Collins, and Michael Keyes.”
Arthur Demoulas’ daughter, Madeline; son, Telemachus; and several other Market Basket executives were also placed on leave…