Bed Bath and Beyond executive Gustavo Arnal, died after he fell from the downtown Manhattan luxury skyscraper where he lived, police and the company confirmed on Sunday, 4 September 2022.
Bed Bath and Beyond CFO, Gustavo Arnal dies: Here’s what we know
According to NBC News, The New York City medical examiner’s office said Sunday night the executive died from multiple blunt trauma and that he had taken his own life. Arnal left no note behind and did not say anything to his wife.
Bed Bath and Beyond has since released a statement. They mentioned that they were “shocked” by this loss.
“I wish to extend our sincerest condolences to Gustavo’s family. Gustavo will be remembered by all he worked with for his leadership, talent and stewardship of our Company.” The Company wrote.
Arnal fell Friday afternoon from a building in downtown Manhattan, according to police. The iconic skyscraper, known locally as the “Jenga Tower,” has more than 50 floors of uniquely stacked apartments.
Emergency Medical Services declared Arnal deceased on the scene. Personnel found him at around 12:30 on Friday, near Leonard Street and West Broadway.
Arnal joined Bed Bath in 2020 from London-based cosmetics company Avon, just after the start of the Coronavirus pandemic.
He also spent 20 years at Procter & Gamble. In Bed Bath’s statement on Sunday, the company noted that Arnal “was instrumental in guiding the organization throughout the coronavirus pandemic.”
The death of Arnal was reported days after the retail chain announced it would close about 150 of its more than 700 stores and lay off about 20 percent of its 32,000 employees after its stock fell more than 21 percent on Wednesday, 31 August 2022, and 65 percent in the past year.
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