Bed Bath & Beyond CFO falls to death days after company announces massive closures and layoffs
A Bed Bath & Beyond executive died from an apparent suicide after falling from the downtown Manhattan luxury skyscraper where he lived, according to New York's
A Bed Bath & Beyond executive died from an apparent suicide after falling from the downtown Manhattan luxury skyscraper where he lived, according to New York's medical examiner’s office.
Gustavo Arnal, 52, the company's chief financial officer, died from multiple blunt trauma injuries and took his own life, the medical examiner’s office said in a statement Sunday night.
Arnal's death was reported days after the retail chain announced it would close about 150 of its more than 700 namesake stores and lay off about 20 percent of its 32,000 employees after its stock fell more than 21 percent last Wednesday and 65 percent in the past year, according to 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."
A Sunday statement from the retailer said that "the entire Bed Bath & Beyond Inc. organization is profoundly saddened by this shocking loss."
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