Bed Bath & Beyond CFO Gustavo Arnal leaped to his death Friday from his 18th-story apartment in Tribeca, New York City.
The chief financial officer and an executive vice president for the home goods company, Arnal, 52, leaped from the “Jenga Building” in New York’s Tribeca neighborhood. He had been with the organization for two years but had earned more than $2.9 million in 2021.
His death comes as Bed Bath & Beyond announced major layoffs and plans to close more than 150 stores.
“The company is a s**tshow right now,” a source said.
Arnal sold off 55,013 shares sometime between August 16 and 17, joining a number of insiders dumping their stock in the company. The stock was down roughly 35% year-to-date.
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