THE WHAT? Bed, Bath & Beyond has announced the death of Executive Vice President and Chief Financial Officer, Gustavo Arnal.

THE DETAILS Arnal is reported to have fallen to his death from a New York apartment building, according to an article published by the Financial Times. The 52-year-old joined the ailing retailer in 2020.

THE WHY? Harriet Edelman, Independent Chair of the Bed Bath & Beyond Inc. Board of Directors, stated, “I wish to extend our sincerest condolences to Gustavo’s family. 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. Our focus is on supporting his family and his team and our thoughts are with them during this sad and difficult time. Please join us in respecting the family’s privacy.”