Bed Bath & Beyond CFO drops to death from New York’s ‘Jenga’ tower

The financial director of the company in difficulty Bed bath and beyond has been identified as the man who jumped to his death from the iconic new Tribeca skyscraper known as “Jenga Building“, learned the New York Post.

Gustavo Arnal, 52, who was also executive vice president of the struggling home goods retailer, dived from the 18e floor of 56 Leonard Street on Friday, law enforcement sources said.

The 60-story building is best known for its deliberately misaligned apartments stacked on top of each other, resembling the popular game “Jenga.”

Messages left with Bed Bath & Beyond BBBY,
and Arnal’s family on Saturday were not immediately fired.

Bed Bath said in a statement on Sunday that the organization “is deeply saddened by this shocking loss.”

The statement from Harriet Edelman, independent chair of the board, said: “I want to send our deepest condolences to Gustavo’s family. Everyone he worked with will remember Gustavo for his leadership, talent and stewardship of our business. I am proud to have been his colleague, and he will be greatly missed by Bed Bath & Beyond and all who had the pleasure of knowing him.

Arnal joined Bed Bath & Beyond in 2020. He previously worked as CFO for London-based cosmetics giant Avon and had a 20-year career overseas heading Procter & Gamble.

Bed Bath & Beyond recently faced turbulence.

Shares of Union, a New Jersey-based company, lost nearly a quarter of their value on Wednesday, after the company announced a restructuring that includes store closings, layoffs and a possible job offer. shares.

The company said it secured more than $500 million in new funding and cut its workforce by 20%. It plans to close around 150 namesake stores but will retain its buybuby BABY chain.

In mid-August, activist shareholder Ryan Cohen, the billionaire co-founder of online pet retailer Chewy Inc., sold its shares in Bed Bath & Beyond after 10% equity stake a few months before and committing to make big changes.

The “Jenga Building” features 19-foot ceilings, double-height windows, white oak and stone floors, gas fireplace, chef’s kitchen, and three terraces totaling 1,252 square feet with panoramic ocean views. water and the city.

It’s also a home full of celebrities for the mega-rich, including singer Frank Ocean.

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