Market Basket names Chuck Casassa president as Donald Mulligan retires
Updated
Updated · Lowell Sun · Apr 30
Market Basket names Chuck Casassa president as Donald Mulligan retires
8 articles · Updated · Lowell Sun · Apr 30
The move came days after a Delaware judge upheld the board's actions in the dispute with former chief Arthur T. Demoulas at the Tewksbury-based grocer.
Mulligan, CFO for 27 years and interim CEO since September 2025, will stay on as an adviser, while Casassa brings 50 years at the company, most recently as operations director.
The appointments follow a year-long family and board power struggle after Demoulas was suspended and fired, echoing the 2014 clash that ended with a $1.6bn buyout and his return.
With Chuck Casassa as CEO after decades at Market Basket, can the company maintain its low-price, employee-first culture amid rising costs and expansion?
What challenges could arise from Arthur T. Demoulas remaining a major shareholder after his dramatic ouster as CEO?