Bed Bath & Beyond finance chief falls to his death in NY

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The CFO of Bed Bath & Beyond died in New York.

The man fell from the "Jenga tower" on Friday.

During the Pandemic, Mr. Arnal joined the company and was previously employed by P&G.

The big box chain in the US has recently announced store closings and job cuts.

The company's shares have been volatile because of social media buzz.

The board of directors of Bed Bath & Beyond is profoundly sad by the loss.

ustavo will be remembered for his leadership, talent and stewardship of the company. She said that he would be missed by everyone at Bed Bath & Beyond and everyone who had the pleasure of knowing him.

Ryan Cohen, an activist investor, announced in August that he was selling all of his stock in the company.

The company's stock price was inflated in a "pump and dump" scheme, according to the lawsuit. According to the lawsuit, Mr. Arnal sold off his shares at a higher price after the scheme.

Bed Bath & Beyond said in a statement that it was in the early stages of evaluating the complaint, but that it believed the claims to be without merit.

The home and bath goods company has struggled for some time due to a slump in sales. Same-store sales for the April to June quarter are expected to fall 26%.

Mara Sirhal is the new CEO of Bed Bath & Beyond.

In the last few months, the company's stock has been volatile. It became seen as a "meme" stock because it is driven more by sentiment on social media than economic sentiment.