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UNH family business expert sees disconnect between Market Basket family, board

Regarding the ongoing leadership dispute at Market Basket, a family business expert at the University of New Hampshire said there appears to be a disconnect between the family and the board of directors.
An expert from the University of New Hampshire, Michael Swack, discussed the ongoing disconnect between Market Basket's management and its employees, highlighting the tension that has persisted since the 2014 employee walkout. Swack emphasized that the core issue revolves around the company's profit distribution, where employees feel they are not receiving a fair share despite the company's success. He suggested that Market Basket should consider implementing an employee stock ownership plan (ESOP) to align the interests of the workers with those of the company, potentially resolving the ongoing disputes and improving employee satisfaction and loyalty.

Read the Full WMUR Article at:
[ https://www.wmur.com/article/unh-expert-market-basket-disconnect-06042025/64970735 ]