Market Basket board members offer former CEO job, but not as CEO
ANDOVER, MA (WGME) -- Board members at Market Basket say they have offered former CEO Arthur T. Demoulas a position with the company, though not as CEO.
The company says they have yet to hear back on their offer.
Read the full statement HERE.
Thousands of Market Basket workers and customers have rallied to pressure management to reinstate the company's fired chief executive or accept his offer to buy the New England chain.
Arthur T. Demoulas was fired in June by a board controlled by his cousin and rival, Arthur S. Demoulas.
Hundreds of warehouse workers and drivers have refused to make deliveries to the family-owned chain's 71 stores in Massachusetts, New Hampshire and Maine.
The Biddeford store manager says it's lost up to 95 percent of its business since Market Basket workers started protesting.