[wintertime]

So?....Just **why** did they fire the former CEO.

Hm?...My bet? He said something that wasn’t PC. Hm?....Maybe he attends a **Christian** church!

[proxy_user]

It is purely a business dispute between two rival factions of the family that owns the stores.

[SamAdams76]

There is a long backstory to this but the long and short of it is that the family that owns Market Basket have been embroiled in a longstanding feud. 50.5% of the company is owned by one side of the family and 49.5% is owned by the other side.

The side with the 49.5% ownership had the CEO who was recently terminated. Although the supermarket was thriving and expanding, the 50.5% side of the family did not like one bit that some of the profits were going towards quarterly "incentive' bonuses for the employees and wanted those benefits cut so that they could collect a larger share of the profits.

[Steven Scharf]

“Maybe he attends a **Christian** church!”

Lame crap.

Arthur T. Demoulos is greek along with his cousins including Artur S. Demoulos whoo has taken control of the company. I suspect they are both active in the Greek Orthodox Church in America. This is not about religion.

Read the back story before making stupid comments.