<p>Next week, Market Basket board members will make a decision that could forever change the future of the 71-store chain that has expanded into into a company with $4 billion in revenue, according to the Lowell Sun.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Plans may be in place to remove CEO Arthur T. Demoulas, son of one of the founders. The family has battled with the company for years; however, this may be the most drastic move to date.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Market Basket has increased sales by one-third, added about 8,000 employees, maintained one of the highest profit margins in the business, and won acclaim from industry analysts since Demoulas was appointed CEO in 2008.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">In a meeting with the reporters, Demoulas said the potential ousting has him "concerned for the organization and its people."<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">"If they remove me, what kind of message is that to the company?" he said.</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p>In court filings, Arthur S. Demoulas, cousin of Arthur T. Demoulas, has reportedly accused the chief executive of reckless spending. A Suffolk Superior Court judge ruled last month that the company's board members must meet after members in support of Arthur T. Demoulas sat out a previous meeting, avoiding a quorum and ensuring that no vote could be held.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">In the latest lawsuit, Arthur S. Demoulas and two shareholders -- Fotene Demoulas and Diana Merriam -- allege that Arthur T. Demoulas wrongly made business transactions with companies owned by his wife and brothers-in-law, and that he has been unwilling to provide information to board members.</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p>Stay tuned to AndNowUKnow for updates on the decision.</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href="http://www.lowellsun.com/news/ci_23647437/demoulas-my-ouster-market-basket-ceo-would-send" target="_new">Market Basket</a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">
