The mayor of Methuen is urging the Market Basket board to reinstate CEO Artie T. after his paid leave amid corporate disputes. He expressed that the situation goes beyond personal titles, affecting the business model, company culture, and community dependence on the stores. According to the mayor's letter, the community relies heavily on Market Basket for food and employment. The store has faced leadership turmoil, with recent firings of executives supporting Artie T., leading to concerns about the company's future trajectory and cultural integrity.
"My city's residents rely on those stores to feed their families. Many rely on those jobs to pay their bills. And what they see right now is a company drifting dangerously off course."
"If Mr. Demoulas does not come back, the company's changed. And it's not going in a very good place if it continues on the trajectory we have, especially when there's three board members that, in my opinion, are completely out of touch with the company culture."
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