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Another longtime Market Basket executive fired, former CEO says
Sue Dufresne, a 30-year Market Basket finance veteran, was fired for allegedly leaking confidential information amid a family-led corporate power struggle, marking seven top executives removed.
- On September 30, the Market Basket Board of Directors dismissed long-time finance executive Susan Dufresne via an emailed letter, expanding leadership turmoil.
- Susan Dufresne, a 30-year Market Basket finance veteran, said `My actions since May 28 have been out of dedication and loyalty to the Company and all its people, including the high standards, values and ethics of the late Mr. Telemachus Demoulas and Mr. Arthur T. Demoulas.`
- The board wrote in its termination letter that Dufresne disclosed confidential information and made unauthorized, inaccurate statements in the Boston Globe and Boston Herald.
- With her firing, the board has now removed seven of the company's eight top executives, and Demoulas called her 'respected and admired for her professionalism and financial expertise.'
- The family feud first became public in May when the board put Artie T. Demoulas on paid leave, and last week he filed a counterclaim seeking reinstatement in a Delaware court.
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Market Basket board fires another long-tenured executive
PROVIDENCE, R.I. (WLNE) — The Market Basket board of directors has fired another long-term executive according to their ousted former CEO. Sue Dufresne served on the finance team at Market Basket for 30 years according to Arthur T. Demoulas. According to her termination letter, she was fired for “disclosing confidential company information” in press interviews and for making unauthorized public statements. Dufresne was interviewed for a Boston G…
·Rhode Island, United States
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Total News Sources11
Leaning Left3Leaning Right1Center4Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 38%
C 50%
12%
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