Bed Bath & Beyond stock is down more than 15% following the death of its CFO.
were down in premarket trading Tuesday after the struggling retailer’s chief financial officer died over the weekend.
The stock was down more than 15% as investors weighed the company’s leadership crisis after Gustavo Arnal’s death. Arnalafter falling from a building in downtown Manhattan, police said. The city’s medical examiner’s office later ruled the death a suicide. The loss comes after the company recently eliminated some executive positions, including chief operating officer, as part of its efforts to win back investor confidence and customers. It is also looking for a permanent CEO. Bed Bath & Beyond is operating under an interim chief executive, Sue Gove, after the company’s former leader, Mark Tritton,
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Bed Bath & Beyond CFO Gustavo Arnal Fell to His Death in ManhattanBed Bath & Beyond on Sunday confirmed that its Chief Financial Officer Gustavo Arnal died over the weekend, after police had said earlier that he fell to his death from a building in downtown Manhattan. Investigators believe Arnal's fall was intentional.
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Bed Bath & Beyond Confirms Death of CFO Gustavo ArnalBed Bath & Beyond confirmed the death of CFO Gustavo Arnal. A person identified by New York City police as 52-year-old Gustavo Arnal died Friday in an apparent fall.
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Bed Bath & Beyond CFO Gustavo Arnal dies after falling from Jenga TowerThe chief financial officer of retail chain Bed Bath & Beyond has died.
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Bed Bath & Beyond chief financial officer Gustavo Arnal diesGustavo Arnal, the chief financial officer of retail chain Bed Bath & Beyond, has died, the company confirmed on Sunday.
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Bed Bath & Beyond chief financial officer Gustavo Arnal diesAccording to the NYPD, police found the 52-year-old unconscious with injuries showing he fell from a building in Manhattan, just days after the company said it will close about 150 of its stores and slash its workforce.
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