October 5, 2022
Police say Bed Bath and Beyond CFO dead after falling from tall New York building

Gustavo Arenal, chief financial officer and executive vice president of retailer Bed Bath & Beyond, died Friday after falling from a high-rise building in Manhattan, police said.

confirmed his death in Statement Released Sunday afternoon, the company praised 52-year-old Arnal for his leadership and said he “played a key role in guiding the organization during the coronavirus pandemic” after joining the company during the spring of 2020.

According to the New York City Police Department, Arnal was found dead in Manhattan’s Tribeca neighborhood. At around 12:30 p.m. local time, officers and emergency medical personnel responded to a 911 call that reported an unconscious person near Arenal’s residence at 56 Leonard Street in the area of ‚Äč‚ÄčLeonard Street and West Broadway. The high-rise apartment complex is known as the Jenga Building because of its construction, with 57 stories stacked on top of each other in a design reminiscent of the building blocks game.

In a statement Sunday, the NYPD said Arenal “appears to be suffering from injuries from a fall from a high place.” Later, the New York City medical examiner’s office ruled Arnal’s death a suicide.

A few days before his death, Bed Bath & Beyond announced plans close 150 stores and cut 20% of its corporate and supply-chain employees. The company’s shares fell 25% after a long period in a row declining sales,

On Sunday, the company said it was “deeply saddened by this shocking loss.”

“I would like to express my deepest condolences to Gustavo’s family. Gustavo will be missed by his leadership, talent and by everyone who has worked to lead our company. I am proud to be his colleague, and he is truly Will be missed by everyone. We and everyone at Bed Bath & Beyond had the pleasure of knowing her,” said Harriet Edelman, independent chairman of the board of directors at Bed Bath & Beyond. “Our focus is on supporting his family and his team and our thoughts are with him during this sad and difficult time. Please join us in respecting the family’s privacy.”

If you or someone you know is in emotional distress or suicidal ideation, call the National Suicide Prevention Hotline at 1-800-273-TALK (8255).

For more information about mental health care resources and support, the National Alliance on Mental Illness (NAMI) Helpline Monday through Friday, 10 a.m. to 6 p.m. ET, reach 1-800-950-NAMI (6264) or email Can be visited at info@nami.org.

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