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Market Basket board appoints Chuck Casassa as the supermarket chain’s new president
The board of directors at Market Basket on Thursday named a new president, picking veteran manager Chuck Casassa for the job long held by popular boss Arthur T. Demoulas until the board fired him last year.
Chief financial officer Don Mulligan filled in on an interim basis as the companyâs top executive after the board terminated Demoulas in September. Now, after 43 years with Demoulas Super Markets, the corporate name for the Market Basket chain, the board is announcing that Mulligan is retiring. Mulligan has been with the company since getting hired under Demoulasâs father, working his way up through the ranks to be named CFO in 1999.
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