Recommended video: Bed Bath & Beyond Announces Layoffs, Store Closures and Financing Plan The independent chair of the company’s board of directors, Harriet Edelman, said that Arnal “will probably be remembered by all he labored with for his management, expertise and stewardship of our Company.

“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

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.