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Home  /  World  /  Bed Bath & Beyond CFO, Arnal, dies after jumping from a balcony, wife saw him leap

Bed Bath & Beyond CFO, Arnal, dies after jumping from a balcony, wife saw him leap

by Shriya Kataria
September 6, 2022
in Business, World
Reading Time: 2 mins read
Bed Bath & Beyond CFO, Arnal, dies after jumping from a balcony, wife saw him leap

Gustavo Arnal, the chief financial officer of Bed Bath & Beyond has been identified as the guy who died after jumping to his death. He jumped from a Manhattan high-rise apartment, the New York City Police Department stated.

The NYPD said in a statement Sunday that Arnal, 52, was found unconscious and unresponsive outside his luxury 57-story skyscraper in the neighborhood of Tribeca around 12:30 p.m. Friday. Police said the man “appeared to suffer from injuries indicative from a fall from an elevated position.” EMS responded and pronounced the man dead, police said.

A law enforcement source said that his wife saw him jump

The law enforcement source told CNN Sunday that Arnal’s wife witnessed him jump. The source said while no suicide note was found, no criminality is suspected. The NYPD said the New York City Medical Examiner’s Office will determine the cause of death and the investigation remains ongoing. 

Bed Bath & Beyond is “profoundly saddened by this shocking loss”, a spokesperson for the company said in response to the death of Arnal. In a statement Sunday, the Independent Chair of Bed Bath & Beyond’s Board of Directors Harriet Edelman said, “I wish to extend our sincerest condolences to Gustavo’s family.” Edelman added, “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.”

Arnal joined Bed Bath & Beyond Inc. in May 2020

Arnal was regarded as a strong, competent staff builder and was well respected in the banking sector. As of now, the company is trying to rescue itself and stay out of bankruptcy by shrinking. The chain said Wednesday that it will lay off approximately 20% of corporate employees, close around 150 stores, and slash several of its in-house home goods brands. The company also said it secured more than $500 million in financing to shore up its ailing financial straits.

Tags: Bed Bath & BeyondGustavo Arnal
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