Man identified as CFO of Bed Bath & Beyond dies after falling from 18th floor of New York skyscraper


A customer steps into the Bed Bath & Bathroom.beyond store

bed bath & beyond storeMichael Santiago/Getty Images

  • The man who died after falling from a Manhattan building has been identified by police as Gustavo Arnal.

  • The NYPD confirmed to Insider that the CFO of Bed Bath & Beyond fell from the 18th floor on Friday.

  • The retailer recently announced plans to close 150 stores and cut one-fifth of its workforce.

A man who died after falling from the 18th floor of an apartment building has been identified as the chief financial officer of the New York Post’s Bed, Bath & Beyond. report.

NYPD confirmed to Insider that Gustavo Arnal, 52, fell from a tower on Manhattan’s Leonard Street on Friday.

Joined Bed Bath & Beyond in 2020 after over a year as Avon’s Chief Financial Officer. Prior to joining the cosmetics company, Arnal held senior positions at Walgreens Boots Alliance and Procter & Gamble.

Last month, he sold about 42,000 shares in the retailer for about $1 million, according to MarketBeat.com.

Died days after Bed Bath & Beyond was announced Plan to close about 150 stores And to revive that fortune, it cut its labor force by a fifth.

Company told investors over the phone On Wednesday, it announced it was launching more label offerings away from its own brands and secured financing from JP Morgan and 6th Street Partners.

Stocks in retailers have become “memetic stocks” like GameStop, and have fluctuated wildly in recent months. CEO Mark Tritton was sacked in June and was replaced by director Sue Gove.

The Bed Bath & Beyond and Arnal families did not immediately respond to Insider’s request for comment.

The National Suicide Prevention Lifeline is a hotline for individuals in crisis and those who want to help someone else. To speak with a certified listener, call 1-800-273-8255.

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