Yesterday, it was reported that someone jumped from a well-known ‘Jenga’-shaped building in Lower Manhattan in New York City.
The jumper was identified as dead at the scene.
When the story was initially reported, people had not yet identified the victim.
Earlier today, the victim was identified as the Chief Financial Officer of Bed Bath & Beyond, Gustavo Arnal.
Gustavo Arnal, aged 52, started at the company in 2020.
During his tenure, the company has been under significant stress as Bed Bath & Beyond stores have closed across the country.
Earlier this year, the CEO was fired at the company after their sales dropped by over 25%
Just a little over two weeks before he took his own life, Arnal sold over $1 million in shares in the company.
The company lost over a quarter of its value in the stock market after it announced mass layoffs and store closings earlier this week.
The New York Post Reports–
The chief financial officer of troubled Bed Bath & Beyond has been identified as the man who jumped to his death from the iconic new Tribeca skyscraper known as the “Jenga Building,” The Post has learned.
Gustavo Arnal, 52, who was also an executive vice president for the struggling home goods retailer, plunged from the 18th floor of 56 Leonard Street on Friday, police sources said.
The 60-story building is best known for its purposely misaligned apartments stacked atop each other, resembling the popular game “Jenga.”
Messages left with Bed Bath & Bed and Arnal’s family Saturday were not immediately returned.
On Aug. 16, Arnal sold 42,513 shares in company stock for a little over a $1 million, according to MarketBeat.com.
Arnal joined Bed Bath & Beyond in 2020. He previously worked as chief financial officer for cosmetics giant Avon based out of London and had a 20-year career working overseas leading Procter & Gamble.