Artie T, the face behind the Market Basket grocery store chain, has been fired.

The board announced this morning that “the mediation was not successful” and Arthur T. Demoulas is being shown the door.

Here is the full statement sent to the Herald:

“Despite extensive efforts by the Board and Mr. Demoulas to come to terms, the mediation was not successful. The Market Basket Board late yesterday voted unanimously to remove Arthur T. Demoulas as President and CEO of Market Basket. The Board has filed an action in the Delaware Court of Chancery in connection with the removal.

The Board met with Mr. Demoulas on Sept. 3 in a confidential mediation in Delaware before former Vice Chancellor Joseph Slights III and continued the mediation via video conference on Sept. 9. The parties agreed not to

See Full Page