25 July 2014

Beloved CEO Fired By Board For Being Insufficiently Ruthless: Employees Leave Jobs In Protest

"Just remember this, Mr. Potter, that this rabble you're talking about,  they do most of the working and paying and living and dying in this community. Well, is it too much to have them work and pay and live and die in a couple of decent rooms and a bath?

Anyway, my father didn't think so. People were human beings to him. But to you, a warped, frustrated old man, they're cattle. Well in my book, my father died a much richer man than you'll ever be!"

George Bailey in It's a Wonderful Life

This is by far the most remarkable story I have seen in a while.  Ordinary employees lay their jobs on the line to support a wealthy CEO who was fired by the board.  Talk about a 'man bites dog' story.

In the latest development the CEO of a northeastern grocery store chain, Mr. Demoulas, has made an offer to buy back his company, Market Basket.

If only more of us would put people before power and greed.  If only more of us would insist that our leaders live up to their duties to the people first, and not wallow in money and privileges for themselves and their cronies. 

If only those spreading fear and hatred to keep the people compliant would not find so many willing and gullible fools to support them.
Then that really might be 'a wonderful life.' 

Meet America’s Most Beloved CEO—Too Bad He Just Got Fired
Brad Tuttle
July 23, 2014

After the wealthy CEO of a supermarket chain was fired, thousands of workers walked off the job in protest—some getting fired themselves. What's up with that?

Workers understandably tend to go on strike or protest for selfish reasons—more pay, better benefits, improved working conditions. Over the last week in New England, however, thousands of employees at Market Basket, a supermarket chain with 71 stores in New Hampshire and Massachusetts, have been sticking their necks out (and in some cases putting their jobs on the line) in support of Arthur T. Demoulas, who was the company CEO until he was fired in June.

Rallies pushing for “Arthur T.” to be given his job back were held at the Market Basket headquarters in Tewksbury, Mass., on Friday and Monday, drawing upwards of 5,000 protestors. Meanwhile, the shelves of many Market Basket locations have gone barren, as there are too few employees still on the job to stock them. At least eight employees were fired over the weekend related to the protests...

“He’s George Bailey,” Trainor explained to the Washington Post, comparing Arthur T. Demoulas to the beloved savings-and-loan manager played by Jimmy Stewart in It’s a Wonderful Life. “He cares more about people than he does about money...."

Read the entire story here.