UNH economist: Market Basket employees, customers justifiably worried
Source:
Original Publication Date:
07/18/201307/18/2013
Neil Niman, the chairman of the University of New Hampshire Department of Economics, said Wednesday that people have a right to be concerned.
He said the board of directors of the privately held company, which is led by Arthur S. Demoulas — Arthur T. Demoulas’ cousin and the son of George Demoulas, one of the company’s co-founders — has the votes to remove the current chief executive officer, who is the son of the other co-founder, Telemachus “Mike” Demoulas.