The financial director of the American chain of stores for the home Bed Bath & Beyondthe Latin Gustavo Arnalhas been identified as the man who committed suicide by jumping from the iconic skyscraper in the New York neighborhood of Tribeca known as the “Jenga Building”, the local press indicates this Sunday.
Arnal, 52, jumped from the 18th floor of 56 Leonard Street on Friday, law enforcement sources told the New York Post.
LOOK HERE: New York orders a ban on firearms in Times Square
In August Bed Bath & Beyond, based in New Jersey, collapsed on the stock market after the departure of a well-known investor.
On August 16, Arnal, who was also the network’s executive vice president, sold 42,513 shares of the company for approximately $1 million, according to MarketBeat.com.
However, the fall of Bed Bath & Beyond began on Wednesday the 17th and accelerated on August 19 after it was learned that the billionaire Ryan Cohen, manager of the firm RC Ventures, got rid of 10% of the company.
Cohen had taken over that stake this year and had tried to force several changes in the company, but a few months later he chose to abandon his position and cash in taking advantage of the rise in the price of Bed Bath & Beyond.
At the end of August, Bed Bath & Beyond announced that it would close 150 stores and cut 20% of its workforce, among other measures to try to stabilize its financial situation.
Arnal joined Bed Bath & Beyond in 2020. Previously, he worked as CFO for London-based cosmetics giant Avon and had a 20-year career working abroad leading Procter & Gamble.
In addition, the businessman had a degree in Mechanical Engineering from the Simón Bolívar University of Venezuela and a master’s degree in Finance from the Metropolitan University of Caracas and was considered one of the highest-ranking Latinos in large companies in the United States, according to the press. local.
MORE INFORMATION: “Inventing Anna”: the true story of Anna Sorokin, the false millionaire who motivates the series
In 2021, he earned more than $2.9 million thanks to his $775,000 Bed Bath & Beyond salary and stock awards, according to InsiderTrades.com.
The 60-story luxury building from which Arnal jumped is known for its curious design of misaligned apartments that resemble the popular board game “Jenga.”
World Latest News Update
You are going to enjoy all of this news very much because we always give it in this news, which is why I attempted to give you all the most recent news available today 2022 through this website. It is a hot topic, and whatever the most recent information was
It was always our goal to ensure that you received the most recent news in the following categories: electricity news, degree news, donation news, bitcoin news, trading news, real estate news, gaming news, trending news, digital marketing, telecom news, beauty news, banking news, travel news, health news, cryptocurrency news, claim news You can also share this information with your friends and family. Give whatever details you have
You will enjoy the news that I have created and shared with you all very much. We will continue to include themes for you to read about so that you may learn about hot news topics, which is what we hope you will be able to do.
Breaking News Today
all kinds of news without going through us so that we can deliver the most up-to-date information to you for free so that you can advance by learning about that news alongside you. Later, we shall proceed.
to provide postings on our website with information about more current events and other forms of news so that you can always stay informed
Today’s Big News Headlines
All of the information I’ve provided to you, including trending news, breaking news, health news, science news, sports news, entertainment news, technology news, united states news, united kingdom news, australia news, new zealand news, canada news, business news, and world news will be the most unique
best information you can find anywhere. I’ve done this to ensure that you stay informed, stay on top of the situation, and continue receiving today’s news of all kinds for free up until today. Always forward two steps.
News – Times . This Is Not My Content So If You Want To Read Original Content You Can Follow Below Links