Bed Bath Beyond (BBBY) Stock Falls Following Death of CFO Gustavo Arnal
Bed Bath Beyond (NASDAQ: BBBY ) stock opened lower by over 14% following the death of CFO Gustavo Arnal. The CFO first joined the company in May of 2020 and had previously served roles for Walgreens Boots Alliance (NASDAQ: WBA ) and Procter Gamble (NYSE: PG ). A former colleague of Arnal added: Our memory of Gustavo is of a great professional and a happy family man, very devoted to his lovely family. He was a very smart ‘work hard play hard’ man, always ready to share his energy and smiles with the people around him, both in the office and outside. The tragic incident only adds more pressure to BBBY stock. Shares of the struggling retailer are down over 45% year-to-date. BBBY Stock Falls Following Death of CFO Gustavo Arnal Chief accounting officer (CAO) Lauren Crossen will step up as interim CFO while the company searches for a permanent replacement. Crossen will still continue to hold her role as CAO. Arnal’s death follows the announcement of Bed Bath’s restructuring plan earlier this month.
Bed Bath Beyond (BBBY) Stock Falls Following Death of CFO Gustavo Arnal
Bed Bath Beyond (NASDAQ: BBBY ) stock opened lower by over 14% following the death of CFO Gustavo Arnal. The CFO first joined the company in May of 2020 and had previously served roles for Walgreens Boots Alliance (NASDAQ: WBA ) and Procter Gamble (NYSE: PG ). A former colleague of Arnal added: Our memory of Gustavo is of a great professional and a happy family man, very devoted to his lovely family. He was a very smart ‘work hard play hard’ man, always ready to share his energy and smiles with the people around him, both in the office and outside. The tragic incident only adds more pressure to BBBY stock. Shares of the struggling retailer are down over 45% year-to-date. BBBY Stock Falls Following Death of CFO Gustavo Arnal Chief accounting officer (CAO) Lauren Crossen will step up as interim CFO while the company searches for a permanent replacement. Crossen will still continue to hold her role as CAO. Arnal’s death follows the announcement of Bed Bath’s restructuring plan earlier this month.