Bill Marsden, director of operations for the Tewksbury-based company, is a 55-year employee of the grocery chain and a trustee of the employee profit-sharing program for eight years, according to the Herald.
The company pays 15 percent to 20 percent of eligible employee yearly salaries, without taking contributions from employees, according to the Herald.
Concerns over the profit-sharing plan arose when a board shift gave majority power to Arthur S. Demoulas, threatening the ouster of his cousin and CEO of the company, Arthur T. Demoulas, according to the Herald.
“This is the crown jewel of our company," Marsden told the Herald. "It’s invested wisely and with great care and safety in mind."