Bed Bath & Beyond executive falls to his death from New York tower, police say

By Ind Job Info Team

Bed Bath & Beyond's CFO fell to his death from a New York skyscraper known as the "Jenga" tower on Friday, authorities said.


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In 2020, Bed Bath & Beyond hired 52-year-old Gustavo Arnal. According to his LinkedIn profile, he previously worked for Avon and Procter & Gamble.

Friday about 12.30pm, police responded to a 911 call and found a 52-year-old man deceased near the Tribeca building. Gustavo Arnal was arrested.

The New York City Medical Examiner's Office will establish Arnal's cause of death, police added.

Reuters' calculations based on SEC filings show Arnal sold 55,013 shares on August 16. Once a "category killer" in home and bath items, the big-box chain's fortunes have waned after selling more own-brand goods.

Bed Bath & Beyond will eliminate 150 shops, slash employees, and revamp its merchandising strategy to turn around its money-losing business.