Photo: Facebook Capture / Courtesy
The wife of Bed Bath & Beyond CFO, Gustavo Arnal, was at home when he was Jump from the 18th floor of the luxury Jinja Building in ManhattanNew York.
The CEO, who was facing a fraud investigation at the company, didn’t say a word to his wife before jumping to his death, according to a New York Post report.
Arnal, 52, also did not leave a note explaining his reasons for making this decision, the report adds with no police sources.
Arnal’s widow and her two daughters apparently left the building at 56 Leonard Street in New York’s upscale Tribeca neighborhood.
It happened Sunday, while making funeral arrangements. The death occurred at noon on Friday..
Men in black have prevented people from approaching the widow and her daughters, who appear to be adults, even though photos on a Facebook account show them as teenagers in a 2013 photo.
The CEO had problems with the company Due to the COVID-19 pandemic, inflation and the chain’s difficult financial recovery, as well as potential fraud.
Two days before Arnal’s death, the company announced plans to close 150 of its nearly 900 stores and lay off 20 percent of employees.
Arnal came to that company in 2020, the year of the pandemic, after a successful career at Avon and 20 years at Procter & Gamble.
The CEO was considered one of the highest ranked Latinos in large corporations in the United States.
On August 16, Arnal sold 55,013 shares in Bed Bath & BeyondAccording to a Reuters report on Sunday, an investigation could have been opened against him.