A Bed Bath & Beyond govt died after he fell from the downtown Manhattan luxurious skyscraper the place he lived, the retail large and police confirmed Sunday.
The loss of life of Gustavo Arnal, 52, the corporate‘s chief monetary officer, was reported days after the retail chain announced it would close about 150 of its more than 700 namesake stores and lay off about 20 percent of its 32,000 staff after its inventory fell greater than 21 p.c final Wednesday and 65 p.c previously 12 months, based on The Associated Press.
Arnal was pronounced useless when emergency medical personnel discovered him at round 12:30 p.m. on Friday close to Leonard Street and West Broadway, police informed NBC News in an announcement, noting that he “appeared to suffer from injuries indicative from a fall from an elevated position.
“The New York City Medical Examiner’s Office will determine the cause of death and the investigation remains ongoing,” police said.
The Medical Examiner’s Office did not immediately respond to a request for comment from NBC News.
A Sunday statement from the retailer said that “the complete Bed Bath & Beyond Inc. group is profoundly saddened by this surprising loss.”
“At Bed Bath & Beyond Inc., Mr. Arnal was instrumental in guiding the group all through the coronavirus pandemic, remodeling the Company’s monetary basis and constructing a robust and gifted workforce,” the statement continued. “He was additionally an esteemed colleague within the monetary group.”
“I am proud to have been his colleague, and he will be truly missed by all of us at Bed Bath & Beyond and everyone who had the pleasure of knowing him,” she said, adding that the company’s focus is on supporting Arnal’s family.
Arnal was a resident of 56 Leonard Street, according to police. The 60-story tower is nicknamed the “Jenga Building” on account of its misaligned flats, giving it the appearance of the block stacking sport.
Last 12 months, a penthouse within the constructing offered for $50 million, according to the Real Deal, which reported that residents embody the singer Frank Ocean and the actor Keegan Michael-Key.
The building management did not immediately respond to a request for comment from NBC News.
Arnal beforehand held govt roles on the beauty-product firm Avon, the pharmacy chain Walgreens, and Procter & Gamble, based on his biography on the Bed Bath & Beyond website, and his goal LinkedIn page, which also note that he had an undergraduate degree in mechanical engineering from the Universidad Simon Bolivar and a master’s degree in finance from the Universidad Metropolitana, both in Caracas, Venezuela.
Last 12 months, Arnal took house $2.9 million as CFO of Bed Bath & Beyond, together with $775,000 in wage and the remaining in inventory awards, according to InsiderTrades.com.
Last month, he offered greater than 42,500 shares of firm inventory value greater than 1,000,000 {dollars}, according to the website MarketBeat.
Bed Bath & Beyond’s inventory took a significant hit final month after an influential investor sold all of his nearly 7.8 million shares. And the corporate remains to be trying to find a everlasting chief govt officer after former CEO Mark Tritton was ousted in June after lower than three years on the job, based on the AP.