Gov. Deval Patrick pushed Market Basket’s board of directors on Friday to quickly resolve the question of leadership. He explained, that he wasn’t taking any sides but by any standards the distraction caused by the recent change in CEO has to curtailed and is getting out of hand.
The previous CEO Arthur T. Demoulas was fired by a board from his cousin and rival, Arthur S. Demoulas. Since then literally thousands of workers have been rallying to pressure management to reinstate the previous CEO or accept his offer to buy the New England chain.
He said that he is not expressing any view of who the CEO should be, but the failure of the company to resolve the matter is genuinely hurting its brand and business, not to mention the many innocent and powerless workers whose livelihood depends on the company.
He offered any sort of help he, or members of his senior staff could offer to resolve the issue. He asked the board to consider the broader implications and impact of their decision and resolve it soon so that economic peace could be restored.
Market Basket’s new CEO denied on Thursday, that the company was laying off workers and co-CEO Felicia Thornton said in a statement that store directors are to let their associates know they are not laid off. Attorney General in Massachusetts and New Hampshire reported that they have been getting calls from worried Market Basket workers. Massachusetts Attorney General Marta Coakley said on Thursday that after receiving 100 calls in 24 hours she had opened a hot-line for worried Market Basket workers. She expects more in the following days.
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