Bed Bath & Beyond taps chief accounting officer as interim CFO after executive's death

Bed Bath & Beyond has tapped its main accounting serviceman arsenic interim CFO aft its erstwhile enforcement died connected Friday.

Laura Crossen is interim main fiscal serviceman arsenic of Monday, the institution said successful a regulatory filing. She volition proceed arsenic the company's main accounting officer.

The company's erstwhile CFO Gustavo Arnal fell to his decease successful New York City connected Friday. The aesculapian examiner later ruled the decease a suicide.

Shares of Bed Bath & Beyond were down by astir 15% aboriginal Tuesday arsenic investors weighed the struggling retailer's way forward. The institution is looking for a caller CEO aft its committee ousted Mark Tritton successful June. It said past week that it would destruct the jobs of main operating serviceman and main stores officer.

The location goods retailer is trying to revive its concern arsenic income dilatory and it loses marketplace stock to competitors. As it prepares for the vacation season, Bed Bath & Beyond announced past week that it had secured much than $500 cardinal successful caller backing and laid retired a caller program to negociate costs, including store closures and layoffs.

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