The man who jumped from the 18th floor of New York’s iconic Jenga tower turned out to be the CEO of Bed Bath & Beyond.
Gustavo Arnali, 52, was the financial director of a chain of home grocery stores in the United States.
The company announced the closure of 150 of its 900 stores and a 20% reduction in staff two days before Arnall’s death in Lower Tribeca, Manhattan.
Around 12:30 pm, paramedics arrived at the scene and saw the man’s body being taken away in a black body bag.
According to firefighters, the second person was taken to a hospital with minor injuries.
Bed, Bath & Beyond on Wednesday announced plans to issue new shares and said it had secured financing, but its shares fell 25% in morning trading.
Arnal reportedly sold 42,000 shares for $1m (£868,500) two weeks ago.
At the time, he still owned $267,896, worth $6.5 million.
He joined in 2020 from London-based cosmetics giant Avon, where he also served as CFO, when the company was struggling due to the pandemic, and spent 20 years at Procter & Gamble.
Bed, Bath & Beyond CEO Mark Tritton was fired in June after the company’s sales fell 25% in the first quarter.
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Source: Metro
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