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Bed, Bath, & Beyond Chooses Acting CFO
Description
Bed, Bath, & Beyond ($BBBY@US) has named Laura Crossen as its interim Chief Financial Officer, following the death by suicide of its former CFO Gustavo Arnal. Last week, Arnal and major shareholder Ryan Cohen were sued and accused of selling off inflated shares in a “pump and dump” scheme. These startling events occurred In the wake of laying off approximately 20% of its workforce and closing 150 of its 700 stores.
Keywords & Tags
#finance
#inflation
#business
#lawsuit
#economic recovery
#suicide
#Bed Bath Beyond
#economic growth
#economic outlook
#Chief Financial Officer
#selling
#Laura Crossen
#death by suicide
#tragic
#former CFO
#Gustavo Arnal
#shareholder
#Ryan Cohen
#inflated shares
#pump and dump
#laying off
#closing stores
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