Gustavo Arnal was the chief financial officer of Bed Bath & Beyond. Bed Bath & Beyond is a chain of domestic merchandise retail stores that operates many stores in the United States, Canada, Mexico, and Puerto Rico.
He died on Friday after falling from a skyscraper in Manhattan’s Tribeca neighborhood. Gustavo was 52. He was pronounced dead on the scene by the medical officers. The cause of death will be determined by the New York City Medical Examiner’s Office, according to police, who stated that an investigation was underway.
Arnal had been married for roughly 28 years to Alexandra Cadenas Arnal. They each have two beautiful girls who are now grownups. According to the claims, his wife and children were present at their New York City home when he committed suicide.
In addition, he left no note or word for his wife before taking his own life by plunging from the 18th floor of the Jenga Tower in the Tribeca section of lower Manhattan. recently, His wife was seen by the media when she allegedly left their apartment to go make funeral arrangements for her late husband.
Gustavo Arnal’s net worth, which he acquired over his 20 years of financial experience and senior-level jobs at some of the greatest organizations, was around $6.05 to $7 million at the time of his passing. With more than 25 years of experience working in strategy, operations, and financial positions for consumer products and retail firms, he is a seasoned global operational executive.
However, His passing comes days after Bed Bath & Beyond revealed intentions to liquidate approximately 150 stores and reduce its employees, and he was the subject of an insider trading and fraud case just before his passing. Bed Bath & Beyond has recently experienced turmoil. Gustavo is listed as one of the defendants in a class action lawsuit brought by many shareholders who claim they lost over $1.2 billion as a result of Arnal and the company’s largest shareholder Ryan Cohen engaging in a “pump and dump scam” that cost stockholders more than $1 billion.