Gustavo Arnal, an executive vice president and the chief financial officer of Bed Bath and Beyond, was identified as the man who plunged from the 18th floor of a New York City skyscraper on Friday, according to a report.
Arnal, 52, jumped from a tower in Manhattan’s Tribeca section known as the “Jenga Building,” the New York Post first reported, citing police sources.
Fox News Digital reached out to Bed Bath and Beyond but did not immediately hear back.
The incident happened two days after Bed Bath and Beyond announced it will cut about 20% of its workforce across corporate and supply chain and close 150 lower-producing stores as part of a broader turnaround plan.
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Shares at the time tumbled more than 20% on the news.
Arnal sold 42,513 shares of Bed Bath & Beyond stock on Aug. 16 for over $1,029,000, according to MarketBeat.com. Following the transaction, Arnal still owned 267,896 shares in the company, valued at over $6,488,000.
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Arnal previously served as chief financial officer at beauty company Avon and served in multiple executive roles for over 20 years at Procter and Gamble.
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The “Jenga Building” is 60 stories tall and gets its name from how the purposefully misaligned floors are stacked like the “Jenga” game.