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Market Basket Promotes Thompson To President, Franz To COO

Summary by Shelby Report
Market Basket, a Nederland, Texas-based grocer, has promoted David Thompson to president and Greg Franz to chief operating officer for all of its stores across Texas and Louisiana, effective immediately. Thompson and Franz represent the third generation of leadership at the company. Both were required to learn the business from the ground up, working across all store-level departments and locations and training alongside team members in daily st…
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Shelby Report broke the news on Thursday, August 27, 2026.
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