Overview
- Market Basket's board named longtime executive Chuck Casassa president Thursday as interim CEO Don Mulligan retires after more than 40 years.
- The board did not name a chief executive officer, leaving the CEO role unfilled for now.
- Delaware's Court of Chancery ruled April 20, 2026 that directors were justified in firing Arthur T. Demoulas for resisting oversight and risking disruption.
- Casassa is a 50-year company veteran who started as a bagger in 1976 and most recently served as director of operations.
- The board said the chain will stay family-owned with a focus on low prices, profit sharing, and community support across roughly 90 New England stores employing over 30,000 people.