Support the news

Market Basket CEOs' 'Unenviable Task'05:33
Download

Play
Thousands of protesters gathered yesterday at Market Basket headquarters in Tewsbury to demand the reinstatement of CEO Arthur T. Demoulas. (Jesse Costa/WBUR) MoreCloseclosemore
Thousands of protesters gathered yesterday at Market Basket headquarters in Tewsbury to demand the reinstatement of CEO Arthur T. Demoulas. (Jesse Costa/WBUR)

Market Basket's current CEOs — Felicia Thornton and James Gooch — have signed on for a tough job. They have replaced the wildly popular Arthur T. Demoulas, whose ouster — among other grievances — precipitated a massive walkout by Market Basket employees that has carried on for weeks.

The company is hemorrhaging money,  and the CEOs' management of the crisis has not appeased the protesting workers or their supporters.

Guest

Callum Borchers, business reporter for The Boston Globe. He tweets @callumborchers.

More

The Boston Globe: Constant Challenges, No Certainties For New CEOs At Market Basket

  • "Help wanted: Two chief executives to replace one cult hero at regional grocery chain. Will be scorned by employees loyal to former boss, and may be fired within weeks. Successful candidates will share ridicule and uncertainty."

WBUR: Vote For Arthur T.? Market Basket Rallies Echo Political Campaign

  • "You’d soon find out this is not a campaign rally for a candidate running for office. It’s for an ousted CEO bidding to return to the corner office. You’d soon notice that the rally is a little rough around the edges — not your typical scripted event with well-tested stump speeches."

This segment aired on August 6, 2014.

+Join the discussion
TwitterfacebookEmail

Support the news