Bed Bath & Beyond CFO Gustavo Arnal fell to his death in Manhattan

Bed Bath & Beyond CFO Gustavo Arnal fell to his death in Manhattan


Signage outside a Bed Bath & Beyond retail store in New York, Aug. 25, 2022.

Gabby Jones | Bloomberg | Getty Images

Bed Bath & Beyond on Sunday confirmed that its Chief Financial Officer Gustavo Arnal died over the weekend, after police had said earlier that Arnal fell to his death.

“The entire Bed Bath & Beyond Inc. organization is profoundly saddened by this shocking loss,” the company said in a statement.

According to a spokesperson from New York’s Office of the Deputy Commissioner, the public information office for the city’s police department, a man identified as Gustavo Arnal, 52, fell Friday afternoon from a building in downtown Manhattan. The iconic skyscraper, known locally as the “Jenga Tower” or the “Jenga Building,” has more than 50 floors of uniquely stacked apartments.

Emergency Medical Services declared the victim deceased on the scene, according to the DCPI spokesperson, who added that the New York City Medical Examiner’s Office will determine the cause of death. At this stage, the investigation remains ongoing. 

If you are having suicidal thoughts, contact the Suicide & Crisis Lifeline at 988 for support and assistance from a trained counselor.

This is a developing story. Please check back for updates.



Source

Ultra-wealthy millennials and Gen Zers to displace baby boomers by 2040
Business

Ultra-wealthy millennials and Gen Zers to displace baby boomers by 2040

Young cheerful lady enjoying on poolside. Resting in spa hotel in pine forest in summertime. Swimming pool in tourist resort. Joyful woman on vacations, female wellbeing. Oleg Breslavtsev | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor […]

Read More
Government shutdown means opportune timing for Neptune Flood IPO
Business

Government shutdown means opportune timing for Neptune Flood IPO

The timing of Neptune Insurance Holdings’ IPO couldn’t be more opportune. Neptune, the nation’s largest private flood insurance, debuts on the New York Stock Exchange Wednesday under the ticker symbol “NP.” The company sold more than 18 millions shares in its initial public offering at $20 apiece. The company’s first trade comes just as the […]

Read More
States sue Zillow, Redfin for alleged antitrust violation in online rental housing
Business

States sue Zillow, Redfin for alleged antitrust violation in online rental housing

Rafael Henrique | Lightrocket | Getty Images Attorneys general from five states sued Zillow and Redfin on Wednesday, alleging the companies schemed to stop competition in the online housing rental market. The lawsuit follows a similar one filed by the Federal Trade Commission on Tuesday. Officials from New York, Arizona, Connecticut, Washington and Virginia jointly […]

Read More