Joe Schmidt and Tom Gordon were fired from Market Basket following an internal conflict involving the supermarket chain's CEO, Arthur T. Demoulas. The board placed Demoulas on paid leave over succession planning disagreements and accusations of instigating a potential work stoppage. Schmidt and another suspended executive, Paul Quigley, spoke critically of their suspension during a radio interview shortly before their firings. Demoulas described their termination as a poor decision by the board, citing their vital roles in the company's operations and culture.
"In addition to being men of strong character, these are two of the brightest and best grocery store operators in the business, and their extraordinary work has been key to building this company and its culture," Demoulas said in a statement about the firing of Schmidt and Gordon.
"I worry about my future without Arthur T. Demoulas running Demoulas Super Markets. Without him, the future wouldn't be very good," Quigley said.
Arthur "Artie" T. Demoulas was placed on paid leave at the end of May by the supermarket chain's board, which cited disagreements over succession planning and alleging that he had been orchestrating a potential work stoppage - an accusation some executives within the organization strongly dispute.
The Market Basket patriarch slammed the board members in a statement about the firing of Schmidt and Gordon, calling them 'collateral damage in this pre-planned coup.'
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