Bed Bath & Beyond CFO Gustavo Arnal dies in fall from New York skyscraper
- Gustavo Arnal fell to his death from a skyscraper in Manhattan’s Tribeca neighbourhood
- Arnal was among several parties named in a civil class action securities fraud suit
Bed Bath & Beyond Inc’s chief financial officer fell to his death from New York’s Tribeca skyscraper known as the “Jenga” tower on Friday afternoon, police said on Sunday, days after the struggling retailer announced it was closing stores and laying off workers.
Gustavo Arnal, 52, joined Bed Bath & Beyond in 2020. He previously worked as CFO for cosmetics brand Avon in London and had a 20-year stint with Procter & Gamble, according to his LinkedIn profile.
On Friday at 12.30pm, police responded to an emergency call and found a 52-year-old man dead near the building who suffered injuries from a fall. Police identified the man as Gustavo Arnal.
The police statement did not provide further details on the circumstances leading to Arnal’s death and said the New York City Medical Examiner’s Office would determine the cause of death.
Bed Bath & Beyond confirmed his death in a press statement on Sunday but gave no details.
The big-box chain – once considered a so-called “category killer” in home and bath goods – has seen its fortunes falter after an attempt to sell more of its own brand, or private-label goods.