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The New Coffee Room

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  3. The CFO of Bed, Bath and Beyond

The CFO of Bed, Bath and Beyond

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  • George KG Offline
    George KG Offline
    George K
    wrote on last edited by
    #1

    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.

    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

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    • HoraceH Offline
      HoraceH Offline
      Horace
      wrote on last edited by
      #2

      Might be a nightmare scenario for the stock. If he had certain reasons.

      Education is extremely important.

      1 Reply Last reply
      • Catseye3C Offline
        Catseye3C Offline
        Catseye3
        wrote on last edited by
        #3

        Been trying to make a comment about his being Beyond, but it's probably not in the best taste.

        Success is measured by your discipline and inner peace. – Mike Ditka

        George KG 1 Reply Last reply
        • JollyJ Offline
          JollyJ Offline
          Jolly
          wrote on last edited by
          #4

          Shame he didn't have a stack of My Pillows to land in.

          “Cry havoc and let slip the DOGE of war!”

          Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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          • Catseye3C Catseye3

            Been trying to make a comment about his being Beyond, but it's probably not in the best taste.

            George KG Offline
            George KG Offline
            George K
            wrote on last edited by
            #5

            @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 reason?

            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.

            "Now look here, you Baltic gas passer... " - Mik, 6/14/08

            The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

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