Bed Bath & Beyond’s Gustavo Arnal’s death ruled suicide
Mattress Tub & Past govt Gustavo Arnal’s lethal leap from his swanky Tribeca high-rise house was formally dominated a suicide by the town’s medical expert Monday.
Arnal, who was CFO of the corporate earlier than his demise, jumped off the 18th story of the luxurious “Jenga Constructing” Friday afternoon because the retail firm handled monetary troubles and he confronted accusations linked to a $1.2 billion “pump-and-dump” inventory fraud lawsuit filed final month.
The medical expert’s workplace dominated Arnal died from a number of blunt trauma.
The 52-year-old dedicated suicide whereas his spouse was inside their house and he didn’t go away a notice explaining the deadly plunge, regulation enforcement sources have informed The Put up.
Arnal joined Mattress Tub & Past in Could 2020. The corporate in a press release Sunday credited the “distinguished world” exec of getting them by the worst of the COVID-19 pandemic.
“Gustavo might be remembered by all he labored with for his management, expertise and stewardship of our Firm,” mentioned board of administrators chairman Harriet Edelman in a press release. “… Our focus is on supporting his household and his group and our ideas are with them throughout this unhappy and troublesome time.”
Days earlier than his demise, the retail large introduced it was going to shutter 150 shops and slash 20% of its workforce.
Arnal, who beforehand labored at Avon, Walgreen Boots Alliance and Procter & Gamble, was a part of an Aug. 23 lawsuit that accused him and others of artificially inflating Mattress Tub & Past’s share worth.
The corporate informed The Put up in a press release Sunday, “We won’t touch upon litigation and ask that you just please respect Mr. Arnal’s household and their privateness at the moment.”
If you’re battling suicidal ideas or are experiencing a psychological well being disaster and stay in New York Metropolis, you may name 1-888-NYC-WELL totally free and confidential disaster counseling. When you stay exterior the 5 boroughs, you may dial the 24/7 Nationwide Suicide Prevention hotline at 988 or go to SuicidePreventionLifeline.org.
