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NBC NEWS

Published: September 4, 2022, 1:50 PM

Tags: Bed Bath and Beyond, Layoffs
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Local News

Bed Bath & Beyond CFO falls to death days after company announces
massive closures and layoffs, NBC News reports

Gustavo Arnal, 52, died from a fall from the luxury skyscraper where
he lived in downtown Manhattan, according to police and multiple
media reports.

NBC NEWS

Published: September 4, 2022, 1:50 PM
Tags: Bed Bath and Beyond, Layoffs
FILE - In this May 9, 2012 file photo, a Bed Bath & Beyond sign is
shown in Mountain View, Calif. Bed Bath & Beyond's CEO is out of the
top post as the home goods retailer looks to fix declining sales and
lure shoppers back to its stores. The chain said Wednesday, June 29,
2022, that board member Sue Gove will serve as interim CEO, replacing
Mark Tritton. (AP Photo/Paul Sakuma, File) (Paul Sakuma, Copyright
2020 The Associated Press. All rights reserved.)
 

A Bed Bath & Beyond executive is dead following a fall from the
downtown Manhattan luxury skyscraper where he lived, the retail giant
and police have confirmed.

The death of Gustavo Arnal, 52, the company's chief financial
officer, comes days after the retail chain announced it would close
about 150 of its more than 700 namesake stores and lay off about 20%
of its 32,000 employees after its stock fell more than 21% last
Wednesday, and 65% in the past year, according to The Associated
Press.

Arnal was pronounced dead when emergency medical personnel found him
at around 12:30 p.m. on Friday near Leonard Street and West Broadway,
police told NBC News in a statement, noting that he "appeared to
suffer from injuries indicative from a fall from an elevated
position.

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