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Bed Bath & Beyond executive dies after plunging from NYC tower

Bed Bath Beyond Return of the Meme
Posted at 8:08 AM, Sep 05, 2022
and last updated 2022-09-05 08:08:39-04

A man who jumped from a New York City high-rise has reportedly been identified as Bed Bath & Beyond's chief financial officer.

NBC News reports that Gustavo Arnal was found unconscious and unresponsive Friday afternoon. The New York Medical Examiner will determine a cause of death, but foul play is not suspected, according to CNN.

Bed Bath & Beyond said Amal was a talented leader.

"Gustavo will be remembered by all he worked with for his leadership, talent and stewardship of our Company. I am proud to have been his colleague, and he will be truly missed by all of us at Bed Bath & Beyond and everyone who had the pleasure of knowing him," said Harriet Edelman, Independent Chair of the Bed Bath & Beyond Inc. Board of Directors.

Arnal's death came two days after the company announced it would be laying off employees and closing some stores following a decline in sales.

The retailer said it would be reducing its workforce by about 20% and closing about 150 "low-producing" stores.

The retailer reported a 26% drop in sales compared to the second quarter of the 2021 fiscal year.