It's Good to Live in a Two-Daily Town

Do we detect a pattern emerging here?

For the third time in three weeks, Boston Herald readers have been snubbed by a full-page ad aimed at the local citizenry.

(First it was the Marriott at Tudor Wharf memorializing fallen Boston firefighter Stephen F. Minehan; then it was the Chicago Blackhawk saluting the Boston Bruins.)

Now it’s the Employees & Management of Demoulas/Market Basket, who ran this ad in Wednesday’s Boston Globe:

Notice the ad did not mention Arthur S. Demoulas, the “other” member of the Board of Directors and the motivating force behind the power play, as the Globe noted here:

Market Basket CEO faces revolt led by his cousin

 

At a typical corporation, the chief executive is expected to be beholden to the board of directors. But Market Basket grocery titan Arthur T. Demoulas asserted otherwise one day when some board members challenged his authority to spend money as he saw fit.

 

“There’s only one boss in the company,” Demoulas told directors in August 2012, according to a transcript of the board meeting. “There’s not two. There’s not three. There’s not five. There’s only one boss.”

For more than two decades, Market Basket has been anything but typical.

Even for the most contentious boardrooms, Demoulas’s statement underscores the strong-willed personalities in his extended family, which built the Market Basket chain into a regional powerhouse despite spending much of their time fighting one another. The latest battle again pits Arthur T. Demoulas against his cousin, Arthur S. Demoulas, who is moving to oust the former after finally gaining control of the board this year.

Excellent dustup, and well worthy of a newspaper ad war (the hardreading staff is hoping for an Arthur T. rebuttal in Thursday’s Globe.)

But apparently not in the Herald, which the Employees & Management of Demoulas/Market Basket deemed unworthy as an advertising platform.

Perhaps they don’t value the readers of the feisty local tabloid.

Or maybe it’s because of backhanded coverage like this in Saturday’s Herald:

You tell us.

This entry was posted on Thursday, July 18th, 2013 at 6:03 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.