A Bed Bath and Beyond chief is dead following a tumble from the midtown Manhattan extravagance high rise where he resided, the retail goliath and police have affirmed.
The demise of Gustavo Arnal, 52, the organization’s CFO, comes days after the corporate store declared it would close around 150 of its in excess of 700 namesake stores and lay off around 20% of its 32,000 workers after its stock fell over 21% last Wednesday, and 65% in the previous year, as per The Associated Press.
Arnal was pronounced dead when emergency medical personnel found him at around 12:30 p.m. on Friday near Leonard Street and West Broadway, police told NBC News in a statement, noting that he “appeared to suffer from injuries indicative from a fall from an elevated position.
“The New York City Medical Examiner’s Office will determine the cause of death and the investigation remains ongoing,” police said.
A Sunday statement from the retailer said that “the whole Bed Bath and Beyond Inc. association is significantly disheartened by this stunning misfortune.”
“At Bed Bath and Beyond Inc., Mr. Arnal was instrumental in directing the association all through the Covid pandemic, changing the Company’s monetary establishment and building major areas of strength for a capable group,” the assertion proceeded. “He was likewise a regarded associate in the monetary local area.”
The independent chair of the organization’s top managerial staff, Harriet Edelman, said that Arnal “will be recollected by all he worked with for his authority, ability and stewardship of our Company.
“I’m glad to have been his associate, and he will be genuinely missed by us all at Bed Bath and Beyond and every individual who had the delight of knowing him,” she said, adding that the organization’s emphasis is on supporting Arnal’s loved ones.
