Market Basket has removed the last member of its board of directors who supported the retailer’s suspended CEO, as a battle over the New England grocery chain’s leadership continues to unfold, according to Boston-area media reports.
The ousted director, Bill Shea, said he was fired earlier in August because he had attempted to learn details about why the company decided to place its chief executive, Arthur T. Demoulas, on paid administrative leave in May over allegations that he was planning a work stoppage, WBZ reported on Monday. An attorney representing the board, which is controlled by Demoulas’ sisters, said Shea was cut because he had placed loyalty to Demoulas over a “fiduciary responsibility” he has to the company and its customers, the TV station reported.
Also this month, a judge granted a request by Market Basket for a restraining order preventing two former longtime executives, Joseph Schmidt and Tom Gordon, from entering the chain’s stores or other properties, according to WCVB. Market Basket said in a court filing posted online by WPRI that it sought the order because the executives, whom it fired in July, had entered stores and spoken with employees in violation of instructions it issued…