Gustavo Arnal net worth: This is one of the questions that people ask the most about Gustavo Arnal and although they always end up answering it on other pages with an “I don’t know, you know” or “it depends” if there are some estimates that various web portals mention.
Gustavo Arnal’s estimated net worth as of August 16, 2022, is at least $5.52 Million. Mr. Arnal has sold over 1,403,932 worth of Bed, Bath & Beyond stock over the past three years, leaving him with over 55,013 BBBY stock valued at over $2,204,067. He also earns $1,910,024 from his position as Exec. VP & CFO at Bed, Bath & Beyond. He earned more than $2.9 million, including a $775,000 bonus, in 2021.
|Net Worth||$5.52 Million|
|Date Of Birth||
|Place Of Birth||New York, United States|
|Age||52 years old|
|Profession||Chief financial officer of retail chain Bed Bath & Beyond|
Gustavo Arnal Death
CEO of Bed Bath & Beyond was Gustavo Arnal. The domestic retail store company Bed Bath & Beyond has numerous stores in the United States, Canada, Mexico, and Puerto Rico. He passed away on Friday in Manhattan’s Tribeca district after falling from a skyscraper. Gustavo was 52 years old.
The company detailed that his death occurred on Friday. According to the New York City Police Department, an officer found the 52-year-old man unconscious with injuries showing he had fallen from a Manhattan building known as the Jenga Building, located at 56 Leonard Street.
Arnal was pronounced dead at the scene and the New York City Medical Examiner’s Office will determine the cause of death. Police reported that an investigation was ongoing.
The Venezuelan-born executive had joined the company in May 2020 after having worked at Avon, Walgreens Boots Alliance and Procter & Gamble.
“Gustavo will be remembered by everyone he worked with for his leadership, talent and stewardship of our company. I am proud to have been his colleague, and all of us at Bed Bath & Beyond and everyone who had the pleasure of knowing him will miss him.” Harriet Edelman, the company’s independent chairwoman of the board, said in the statement.
Bed Bath & Beyond has recently faced financial turmoil. Its shares soared in August from $5.77 to $23.08 in a span of just two weeks. This was reminiscent of what happened last year with stocks listed as ‘meme’, of troubled companies that for the moment became the stars of independent traders .
Last Wednesday, the company said it would close 150 stores and lay off 20% of workers in a bid to recover from its financial hits.