September 30, 2022

Report says Bed Bath and Beyond CFO Gustavo Arnal ID was the man who jumped off a New York City building

Report says Bed Bath and Beyond CFO Gustavo Arnal ID was the man who jumped off a New York City building

Gustavo Arnal, The executive vice president and chief financial officer of Bed Bath and Beyond has been identified as the man who fell from the 18th floor of a New York City skyscraper on Friday, according to a report.

The New York Post, citing police sources, reported that Arnal, 52, jumped from a tower in the Tribeca section of Manhattan known as the “Jinga Building.”

Fox News Digital reached out to Bed Bath and Beyond but did not immediately hear back.

The incident occurred two days after Bed Bath and Beyond announced that it would cut about 20% of its workforce across businesses and the supply chain and close 150 lower-production stores as part of the A broader transformation plan.

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Bath bed and post-store sign (iStock / iStock)

Shares at the time fell more than 20% on the news.

Arnal has sold 42,513 shares Bath and Beyond Stock Bed According to MarketBeat.com, on August 16 for over $1,029,000. After the deal, Arnal still owns 267,896 shares in the company, valued at more than $6,488,000.

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BBBY BED BATH & BEYOND INC. 8.63 -0.08 -0.92%

Previously, Arnal was the chief financial officer of beauty company Avon and held several executive positions for more than 20 years at Procter and Gamble.

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The Jenga Building is 60 stories tall and gets its name from how the floors are stacked intentionally skewed like the game Jenga.