Gustavo Arnal, C.F.O. at Bed Bath & Beyond, Dies

He joined the home goods retailer in 2020 during an executive shake-up.

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A top Bed Bath & Beyond executive has died after falling...

Executive vice president and CFO Gustavo Arnal died on Friday. His death came shortly after the home retailer announced layoffs and store closures.

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Bed Bath & Beyond executive dies after falling from...

Gustavo Arnal, the CFO of Bed, Bath and Beyond, fell from a New York high-rise Friday afternoon, according to police.

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Bed, Bath & Beyond CFO Gustavo Arnal dies after falling...

When New York City Police arrived, officers found Arnal unresponsive near the so-called Jenga building with injuries.

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Bed Bath and Beyond CFO dies after fall from tower

STORY: The chief financial officer for Bed Bath and Beyond died on Friday after falling to his death from a New York City skyscraper, according to police. Gustavo Arnal joined the company in 2020. His death comes just days after a lawsuit alleges his involvement in a so-called “pump and dump” scheme. Police found the 52-year old dead near a building known as the “Jenga” tower after they received a 911 call Friday afternoon. Arnal’s injuries appeared to be from a fall. No additional information has been released. The city’s medical examiner’s office is investigating. Bed Bath and Beyond confirmed Arnal’s death on Sunday, offering condolences and requesting privacy for his family. Arnal sold over 55,000 shares in the company last month, according to Reuters’ calculations based on SEC filings. The sales amounted to about $1.4 million. Arnal still had about 255,000 shares remaining.On August 23, the company, Arnal, and major shareholder Ryan Cohen were sued over allegations of artificially inflating the firm's stock price in a “pump and dump” scheme. The lawsuit alleges Arnal made misleading statements to investors, and sold off his shares at a higher price after the scheme.The class action lawsuit was brought by a group of shareholders who claimed they lost around $1.2 billion.The company did not respond to requests for comment on the lawsuitThe big-box chain has recently seen its fortunes falter.Last week, Bed Bath & Beyond said it would close 150 stores, cut jobs and overhaul its merchandising strategy in an attempt to turn around its money-losing business.

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Bed Bath & Beyond chief financial officer Gustavo Arnal dies

Gustavo 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 CFO plunges to death at New York...

Gustavo Arnal, 52, fell from the 60-story Tribeca skyscraper known as the ‘Jenga’ tower on Friday, police said. The company confirmed Arnal’s death on Sunday

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Bed Bath & Beyond CFO falls to his death from New York's...

The chief financial officer of troubled Bed Bath & Beyond has been identified as the man who jumped to his death from the iconic new Tribeca skyscraper known...

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Chief Financial Officer for Bed Bath and Beyond dies after...

The Chief Financial Officer for Bed Bath and Beyond has died after falling from an 18th floor balcony.

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