Bed Bath & Beyond CFO plunges to death at New York’s Jenga tower, investigators say
9/4/2022
RawNews1st – Bed Bath & Beyond Inc’s chief financial officer fell to his death from the 18th floor of New York’s Tribeca skyscraper known as the “Jenga” tower on Friday afternoon, according to media reports.
Gustavo Arnal, 52, joined Bed Bath & Beyond (BBBY.O) in 2020. He previously worked as CFO for cosmetics brand Avon in London and had a 20-year stint with Procter & Gamble (PG.N), according to his LinkedIn profile.
Shares in Bed Bath & Beyond dropped sharply last week after the company announced a restructuring plan that it said would result in the closure of “150 lower-producing stores.”
Bed Bath & Beyond now has about 900 stores, including those scheduled to be closed.
Arnal joined Bed Bath & Beyond as CFO in May 2020, moving from CNBC has beauty conglomerate Avon, where he was the company’s head of finance.
The 7,779-square foot building features 19-foot ceilings, double height windows, white oak and stone floors, a gas fireplace, a chef’s kitchen and three terraces totaling 1,252 square feet with panoramic water and city skyline views.
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