Bed Bath & Beyond CFO Dogged by Investor Lawsuit Prior to Suicide
Gustavo Arnal, the CFO and executive VP, of the retailer Bed Bath & Beyond (BBBY), committed suicide by jumping to his death on Sept. 2, from his TriBeCa apartment known as the “Jenga Building”.
Arnal joined BBBY in 2020 after previously working as the CFO for cosmetics giant Avon in London with a 20-year overseas career working for Procter & Gamble and Walgreen Boots Alliance.
The CFO received more than $2.9 million as an executive at Bed Bath & Beyond in 2021, including $775,000 in salary and the rest in purchases and sales of the company’s stock, according to InsiderTrades.com.
“The entire Bed Bath & Beyond Inc. organization is profoundly saddened by this shocking loss,” the company said in a Sept. 4 statement….