Gustavo Arnal

2022 - 9 - 4

Post cover — Image courtesy of "Globalnews.ca"

Bed Bath and Beyond CFO falls to death from New York's Jenga tower (Globalnews.ca)

Gustavo Arnal, 52, joined Bed Bath & Beyond in 2020 and previously worked as CFO for cosmetics brand Avon in London and had a 20-year stint with Procter ...

District Court for the District of Columbia alleged that Arnal “agreed to regulate all insider sales by BBBY’s officers and directors to ensure that the market would not be inundated with a large number of BBBY shares at a given time.” Bed Bath and Beyond confirmed his death in a press statement on Sunday but gave no details. The sales amounted to about $1.4 million, and Arnal still had almost 255,400 shares remaining. ET (1630 GMT), police responded to a 911 call and found a 52-year-old man dead near the building who appeared to have suffered fatal injuries from a fall. Police identified the man as Gustavo Arnal. Bed Bath & Beyond Inc’s BBBY.O chief financial officer fell to his death from New York’s Tribeca skyscraper known as the “Jenga” tower on Friday afternoon, police said, just days after a lawsuit alleged he was involved in a “pump and dump” scheme.

Bed Bath & Beyond CFO Gustavo Arnal fell to his death in Manhattan (CNBC)

Bed Bath & Beyond on Sunday confirmed that its Chief Financial Officer Gustavo Arnal died over the weekend, after police had said earlier that Arnal fell to ...

Bed Bath also faces a class action lawsuit recently filed in the District of Columbia, accusing it of misrepresenting its value and profitability. In Bed Bath's statement on Sunday, the company noted that Arnal "was instrumental in guiding the organization throughout the coronavirus pandemic." In August, Bed Bath had multiple days with price moves of more than 20%. The New Jersey-based retailer also said it would be cutting 20% of its staff and added that it had secured more than $500 million in new financing, including a loan. Some analysts say that while the turnaround plan announced Wednesday will improve the company's liquidity position, it won't be sufficient to save Bed Bath's business. The cost-cutting measures come as Bed Bath's core business continues to struggle. Arnal joined Bed Bath in 2020 from London-based cosmetics company Avon, just after the start of the coronavirus pandemic. Those sales were made as part of a trading plan he had signed in April. The document also noted he still held 255,396 shares after those latest sales. Arnal left no note behind and did not say anything to his wife, who was home at the time, sources [according to a filing](https://bedbathandbeyond.gcs-web.com/node/16371/html). - Bed Bath said in a statement on Sunday that Arnal "was instrumental in guiding the organization throughout the coronavirus pandemic."

Bed Bath & Beyond chief financial officer Gustavo Arnal dies (Financial Post)

UNION, N.J. (AP) — Gustavo Arnal, the chief financial officer of retail chain Bed Bath & Beyond, has died, the company confirmed on Sunday.

On Wednesday, the company said it would shutter stores and lay off workers in a bid to turn around its beleaguered business. “Gustavo will be remembered by all he worked with for his leadership, talent and stewardship of our Company. According to the New York City Police Department, police found the 52-year-old unconscious with injuries showing he fell from a building in Manhattan.

Bed Bath & Beyond says CFO Gustavo Arnal dead in 'shocking loss' (USA TODAY)

No cause of death was announced, but officials said the the New York City Medical Examiner's Office is investigating.

If you or someone you know may be struggling with suicidal thoughts, you can call the U.S. I am proud to have been his colleague, and he will be truly missed by all of us at Bed Bath & Beyond and everyone who had the pleasure of knowing him," said Harriet Edelman, independent chair of the Bed Bath & Beyond Inc. 31](https://bedbathandbeyond.gcs-web.com/news-releases/news-release-details/bed-bath-beyond-inc-announces-strategic-changes-strengthen-its) it was reducing its workforce by 20% and closing around 150 stores nationwide. The man was later identified as 52-year-old Gustavo Arnal of New York City. The New York Police Department said Gustavo Arnal died after falling from a Manhattan skyscraper. [stock went up more than 350%](https://www.usatoday.com/story/money/markets/2022/08/24/meme-stock-mania-bbby-amc-gme/7874756001/) from July 25 to August 17.

Bed Bath & Beyond CFO Gustavo Arnal falls to death at New York's ... (CTV News)

Bed Bath & Beyond Inc.'s chief financial officer fell to his death from New York's Tribeca skyscraper known as the 'Jenga' tower on Friday afternoon, ...

Many Canadians are questioning whether or not it's the right time to purchase real estate. [Looking to save some money this back-to-school season? District Court for the District of Columbia alleged that Arnal "agreed to regulate all insider sales by BBBY's officers and directors to ensure that the market would not be inundated with a large number of BBBY shares at a given time." Keeping up with a monthly mortgage payment is becoming more difficult by the year. The sales amounted to about $1.4 million, and Arnal still had almost 255,400 shares remaining. Here are some tips](https://www.ctvnews.ca/business/looking-to-save-some-money-this-back-to-school-season-here-are-some-tips-1.6038518) Bed Bath and Beyond confirmed his death in a press statement on Sunday but gave no details. ET police responded to a 911 call and found a 52-year-old man dead near the building who appeared to have suffered injuries from a fall. [Canadians are resorting to debt to pay bills amid high inflation](https://www.ctvnews.ca/business/canadians-are-resorting-to-debt-to-pay-bills-amid-high-inflation-1.6044790) Contributor Christopher Liew shares some practical, simple tips to help you pay your mortgage so you don't find yourself falling behind. [MORE Business News](https://www.ctvnews.ca/business) Police identified the man as Gustavo Arnal.

Gustavo Arnal, Bed Bath & Beyond CFO, Dies (The New York Times)

Gustavo Arnal, 52, the chief financial officer of the beleaguered home goods retailer Bed Bath & Beyond, died on Friday. He was brought on to help stabilize ...

Mr. In August, Bed Bath & Beyond disclosed in a regulatory filing that Mr. 16, energized by disclosures by the activist investor Ryan Cohen; Though he had been at Bed Bath & Beyond for only two years, Mr. The company has also been at the center of a volatile few weeks of trading, partly because of a legion of dedicated individual investors. Arnal sold roughly 55,000 shares in Bed Bath & Beyond on Aug. It announced last week that it had secured a loan from the investment firm Sixth Street to shore up its liquidity. Arnal spoke to Bed Bath & Beyond investors on Wednesday, giving them updates about the company’s finances and delivering tough news about the impact of its latest turnaround efforts. The retailer said it had started Arnal’s death was ruled a suicide, according to the New York City Medical Examiner’s Office. The New York Post Gustavo Arnal, 52, the chief financial officer of the beleaguered home goods retailer Bed Bath & Beyond, died on Friday.

Bed Bath & Beyond confirms death of CFO Gustavo Arnal. He fell 18 ... (Fortune)

Gustavo Arnal was still CFO of the beleaguered retailer when he fell from New York's iconic Jenga Building, police sources told the New York Post.

“Our focus is on supporting his family and his team and our thoughts are with them during this sad and difficult time. “Gustavo will be remembered by all he worked with for his leadership, talent and stewardship of our Company. I am proud to have been his colleague, and he will be truly missed by all of us at Bed Bath & Beyond and everyone who had the pleasure of knowing him,” said Harriet Edelman, Independent Chair of the Bed Bath & Beyond Inc. The company confirmed his passing on Sunday afternoon. At the time of his death, Bed Bath & Beyond was looking for a new CEO and chief marketing officer, and on Wednesday it announced the departure of its chief operating officer, noting the role was being eliminated. In more bad news for Bed Bath & Beyond, its CFO, Gustavo Arnal, has been identified as the man who plunged to his death from New York’s “Jenga Building” on Friday, the New York Post

Bed Bath & Beyond's CFO, Gustavo Arnal, dead at 52 (Retail Dive)

Gustavo Arnal, Bed Bath & Beyond's chief financial officer, died on Friday, according to a company press release. The New York Police Department confirmed ...

[said in a statement](https://bedbathandbeyond.gcs-web.com/news-releases/news-release-details/bed-bath-beyond-inc-mourns-loss-executive-vice-president-and). The home retailer also said it secured $500 million in new financing, including its recently expanded $1.13 billion ABL and a new $375 million FILO facility. I am proud to have been his colleague, and he will be truly missed by all of us at Bed Bath & Beyond and everyone who had the pleasure of knowing him," Harriet Edelman, independent chair of the Bed Bath & Beyond Inc.

Gustavo Arnal

Explore the last week