Gordon and Schmidt have nearly 90 years of experience between them, according to Demoulas, and were “easily cast aside” by a board who doesn’t understand the company’s culture.

Market Basket's board of directors has fired two suspended executives who are loyal to suspended CEO Arthur T. Demoulas. Joseph Schmidt, director of operations, and Tom Gordon, grocery director ...

Joe Schmidt and Tom Gordon spoke at a news conference on Wednesday about their terminations and what they see for Market Basket in the future.

Fired Market Basket executives Tom Gordon, left, and Joe Schmidt talk to the media near the store in Reading, MA on Wednesday July 23, 2025. (Pat Greenhouse/ The Boston Globe Staff) ...

SEE ALSO: Market Basket to replace Showcase Cinemas in Seekonk Schmidt and Gordon also pushed back against the board’s claims during a briefing outside the Market Basket in Reading on Wednesday.