Why Was "Artie T" Fired? Here's The History Of The Market Basket Demoulas Family Drama.

CBS Boston

Updated on: September 11, 2025

The Market Basket board of directors said Wednesday that it has fired CEO Arthur T. Demoulas after months of a very public battle for control of the Massachusetts-based supermarket chain. But the drama involving the popular grocery store executive known as "Artie T" and his family has been going on long before that.

Demoulas family members have been sparring in court since the 1990s, when a judge awarded majority ownership to Arthur T. Demoulas' cousin, Arthur S. Demoulas. The board wrote in a legal filing Tuesday that the judge found at the time that Arthur T. "had taken corporate opportunities and engaged in self-dealing transactions to the detriment of the Arthur S. family."

Even so, Arthur T. Demoulas was named president and CEO in 2008. Under his leadership, the company continued to expand from Cape Cod to Maine. But six years later, he would be ousted from his position by his family for the first time.

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