TEWKSBURY, Mass. (WPRI) — Market Basket's Board of Directors selected an interim CEO Tuesday, nearly a week after Arthur T. Demoulas was ousted from the position.

The board tapped longtime Chief Financial Officer Donald T. Mulligan to lead the Tewksbury-based grocery store chain.

Mulligan was first hired to work at Market Basket full-time back in 1983, according to the board. He worked his way up through the ranks until he was promoted to chief financial officer in 1999.

"We are thrilled to have a homegrown leader of Mulligan's caliber step into the role of interim CEO," Market Basket Board of Directors Chairman Jay Hachigan said in a statement. "Mulligan is the voice of consistency at Market Basket, one that our associates and customers can count on to proudly continue the same thrivin

See Full Page