Bed Bath & Beyond CFO Gustavo Arnal fell to his death in Manhattan – CNBC
A Bed Bath & Beyond executive has died after falling off a high-rise in Manhattan. The company had announced plans to close 150 stores and furlough 20% of its employees.
Gustavo Arnal, 52, the company’s chief financial officer, was found dead at Leonard St. and West Broadway, police said. He appeared to have fallen from an elevated location, and an investigation remains open.
Bed Bath & Beyond said it was saddened by the loss of Arnal and that he was a valued colleague within the financial community.
Arnal will be remembered for his leadership, talent, and care of Bed Bath & Beyond, said chairman Harriet Edelman.
Arnal was a resident of 56 Leonard St., a 60-story tower dubbed “The Jenga Building” because its apartments are offset, giving it a stacked-blocks look.
Arnal has held senior roles with Avon, Walgreens, and Procter & Gamble, according to his bio on Bed Bath & Beyond website.
Arnal earned $2.9 million last year as the chief financial officer at Bed Bath & Beyond and sold more than 42,500 shares worth more than $1 million of the company’s stock last month.
For more coverage on this story, check the following additional news sources:
- Bed Bath & Beyond CFO Gustavo Arnal fell to his death in Manhattan CNBC
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- Bed Bath & Beyond exec, 52, identified as man who jumped to his death from 18th floor of NYC tower Daily Mail
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