The Wall Street Journal reported Wednesday that Bed Bath & Beyond had concerns about the wellbeing of the CFO before he died.
Insider previously reported that the CFO died after falling from a New York City building, just days after the retailer announced it would close down 150 of its stores. He died by suicide.
Laura Crossen is the new senior vice president of finance and chief accounting officer.
According to the sources, Sue Gove, the interim chief executive officer, and several board members agreed that the CEO had been overwhelmed. They didn't replace him while the company was trying to get financing.
The Journal reported that the conversation would be picked up after the Labor Day holiday.
According to friends of Arnal, he worked up to 18 hours a day.
Jan Zijderveld, the former chief executive ofAvon Products, said he could see the stress on him. Less than two months before he died, Zijderveld ate dinner with the wife of the man.
Zijderveld said that he was the sort of guy who carried the world on his shoulders.
In August, a lawsuit was filed against Bed Bath & Beyond, Ryan Cohen, and JP Morgan, asking for class action status. They were accused of securities fraud, insider trading, and breaching of fiduciary duty.
Sources familiar with the matter told The Journal that Arnal and Cohen didn't have contact outside of conference calls. Cohen didn't say anything about the lawsuit.
After the company's profits started decreasing due to the increase in online shopping, Arnal worked at the company for the past three years. He worked at two other companies.