Wednesday, September 3, 2025

Latest

Bed Bath & Beyond Falls 16% After Naming Interim CFO

Bed Bath & Beyond (NASDAQ: BBBY) this morning has named an interim chief financial officer, while also confirming the passing of its former CFO Gustavo Arnal. Arnal passed away on Friday.

Arnal’s passing was highly publicized, given the nature of his death. As per the New York Post‘s initial reporting, Arnal jumped from the 18th floor of a Manhattan office building.

Taking on the CFO role on an interim basis will be Laura Crossen, whom is currently the Senior VP of Finance, as well as the Chief Accounting Officer of the firm. Crossen is expected to continue as the firms CAO, while at the same time serving as the chief financing officer on an interim basis.

In connection with the appointment, Crossen will receive a bump in her base salary of $200,000, while her target annual bonus will increase to 70% of her base salary. The increases are expected to only be in place while she is serving in the role on an interim basis.

The company has not yet indicated whether the search for a permanent replacement is underway at this time.

Bed Bath & Beyond last traded at $7.24 on the Nasdaq.


Information for this briefing was found via the New York Post and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

Cormark Lifts Northern Superior Target To $2.00 On Drilling Success

Afghanistan Quake Deaths Pass 1,400

Related News

BBBY: Bed Bath & Beyond Shares Get Delisted Following Bankruptcy Plan Taking Effect

Bed Bath & Beyond (OTC: BBBYQ) is officially ceasing trade on public markets. The halt...

Sunday, October 1, 2023, 01:22:00 PM

The Stonk Movement Is Back: Meme Stocks Are Flying

Jim Cramer is not going to like this. Meme stocks seem to be making an...

Tuesday, August 9, 2022, 02:18:00 PM

BBBY: Bed Bath & Beyond Rises 164% After Analysts Call For Bankruptcy

Bed Bath & Beyond Inc.’s (NASDAQ: BBBY) was up over 68% on Wednesday to $3.49,...

Thursday, January 12, 2023, 07:32:00 AM

BBBY: Bed Bath & Beyond CFO Reportedly Falls From 18th Floor Of Manhattan Tower

It is being reported by the New York Post that Gustavo Arnal, the chief financial...

Sunday, September 4, 2022, 09:48:27 AM

BBBY: Bed Bath & Beyond Falls 24% After Revealing Plans To Close 150 Locations, Conduct Layoffs

Despite wild price swings in its equity, the underlying operation behind Bed Bath & Beyond...

Wednesday, August 31, 2022, 10:25:35 AM