The CFO of Bed, Bath and Beyond
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Bed Bath & Beyond CFO Gustavo Arnal fell to his death in Manhattan
Bed Bath & Beyond on Sunday confirmed that its chief financial officer Gustavo Arnal died over the weekend, after police had said earlier that Arnal fell to his death. Investigators believe Arnal’s fall was intentional, but he left no note behind and did not say anything to his wife, who was home at the time, sources told WNBC.
“The entire Bed Bath & Beyond Inc. organization is profoundly saddened by this shocking loss,” the company said in a statement.
Arnal, 52, fell Friday afternoon from a building in downtown Manhattan, according to police. The iconic skyscraper, known locally as the “Jenga Tower” or the “Jenga Building,” has more than 50 floors of uniquely stacked apartments.
Emergency Medical Services declared Arnal deceased on the scene, according to a spokesperson from New York’s Office of the Deputy Commissioner, the public information office for the city’s police department.
A NYPD spokesperson tells CNBC it is up to the Medical Examiner’s Office to make a final determination about the cause of death. At this stage, the investigation remains ongoing.
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Shame he didn't have a stack of My Pillows to land in.
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Been trying to make a comment about his being Beyond, but it's probably not in the best taste.
@Catseye3 said in The CFO of Bed, Bath and Beyond:
Been trying to make a comment about his being Beyond, but it's probably not in the best taste.
As we would be offended, LOL.
The incident occurred less than two weeks after the executive, 52, was named in a federal class-action lawsuit on allegations of federal securities fraud, insider trading, and breach of fiduciary duty, according to court documents.