Gustavo Arnal was the Executive Vice President and CFO for Bed Bath & Beyond. He previously worked for the cosmetics business Avon in London and had a 20-year tenure with Procter & Gamble.
Bed Bath & Beyond executive Gustavo Arnal death in New York tower
The chief financial officer of the ailing home goods retailer Bed Bath & Beyond fell to his death from a New York skyscraper known as the “Jenga” tower on Friday, authorities said, just days after the firm declared it was closing numerous locations. On Friday around 12.30 pm, police responded to a 911 call and found a 52-year-old man dead near the Tribeca building, who looked to have sustained injuries from a fall.
Police identified the individual as Gustavo Arnal. Police did not disclose any details on the circumstances leading to Arnal’s death but stated the New York City Medical Examiner’s Office would determine the cause of the fatality.
Gustavo Arnal Age, Family, Early Life
Gustavo Arnal was 52 years old at the time of his death. He holds an American nationality and he belongs to white ethnicity. His actual birth date and Zodiac sign is not known.
There is currently no verified information about Gustavo Arnal’s parents yet.
Gustavo Arnal Wife, What about his Relationship?
Gustavo Arnal’s wife has decided not to speak to the media over the matter of her husband’s death. It is known that Gustavo and his wife are parents to children but have always kept their personal lives away from the spotlight.
It’s thought that Gustavo and his wife lived in their New York apartment. Many have speculated that his wife might have understood the issue her husband was going through before he decided to take his own life.
Gustavo Arnal Career, What was his profession?
Gustavo Arna had actively worked in the position of CFO for numerous prominent firms in the past decade including Procter and Gamble and Avon. ustavo worked for the company Bed Bath & Beyond as the CFO since 2020 and was recently in the news as the company was experiencing big losses. He was now working for the company Bed Bath & Beyond since 2020.
When Gustavo was hired in April 2020, the corporate spokeswoman remarked that they were recruiting one of the top persons for the job. The official further added that with Gustavo’s 20 years of experience and competence in the sector the company could reestablish its brand under him.
Arnal and his profound experience in the field of the retail and consumer products space were admired by the company which lead them to hire him in the first place. The company’s losses were so large that it’s CEO was terminated few days previous to Gustavo’s death.
Though hired with loads of promises by Bed Bath & Beyond Gustavo failed to live up to his reputation and leaped to his death from the Tribeca building. The company was making losses and was decreasing its cost and was struggling owing to excessive inflation and a declining economy. The corporation had announced to close 150 locations and lay off 20% of its workers.
How much is Gustavo Arnal Net Worth?
As of writing, Gustavo Arnal’s had a net worth of roughly $6.05 million. With 20 years of experience in the banking industry and working for some of the biggest firms at the top position, it was without little doubt that Gustavo Arnal’s net worth is in the millions.
Gustavo held over 55,013 units of Bed Bath & Beyond and over the last three years had sold his part for over a million dollars. In addition, Arnal earned a compensation of $1.9 million as the executive vice president and CFO at Bed Bath & Beyond. In 2021 he got a remuneration of more than $2.9 million including $775,000 in salary and the rest in stock.
Which school and college did he go to?
Gustavo Arnal graduated from the Metropolitan University in 1997 with a master’s degree in Finance. He further challenged himself and succeeded in completing his higher degree from The Wharton School of the University of Pennsylvania.
Is he available on any kind of social media platforms?
We did a quick search for the social media presence of Gustavo Arnal but weren’t able to find him on any social media platforms.
Physical Appearance of Gustavo Arnal’s Height, Weight
Interesting facts about Gustavo Arnal’s should be knows
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