The financial director of the company in difficulty Bed bath and beyond has been identified as the man who jumped to his death from the iconic new Tribeca skyscraper known as “Jenga Building“, learned La Poste.
Gustavo Arnal, 52, who was also executive vice president of the struggling home goods retailer, dived from the 18e floor of 56 Leonard Street on Friday, law enforcement sources said.
The 60-story building is best known for its deliberately misaligned apartments stacked on top of each other, resembling the popular game “Jenga.”
Messages left with Bed Bath & Bed and Arnal’s family on Saturday were not immediately returned.
On Aug. 16, Arnal sold 42,513 shares of the company for just over $1 million, according to MarketBeat.com.
Arnal joined Bed Bath & Beyond in 2020. He previously worked as finance director for London-based cosmetics giant Avon and had a 20-year career overseas heading Procter & Gamble.
In 2021, he earned more than $2.9 million through Bed Bath & Beyond, including $775,000 in salary and the rest in stock, according to InsiderTrades.com.
Bed Bath & Beyond recently faced turbulence.
Shares of Union, a New Jersey-based company, lost nearly a quarter of their value on Wednesday, after the company announced a restructuring that includes store closings, layoffs and a possible job offer. shares.
The company said it secured more than $500 million in new funding and cut its workforce by 20%. It plans to close around 150 namesake stores but will retain its buybuy BABY chain.
In mid-August, activist shareholder Ryan Cohen, the billionaire co-founder of online pet retailer Chewy Inc., sold its shares in Bed Bath & Beyond after 10% equity stake a few months before and committing to make big changes.
The “Jenga Building” features 19-foot ceilings, double-height windows, white oak and stone floors, gas fireplace, chef’s kitchen, and three terraces totaling 1,252 square feet with panoramic ocean views. water and the city.
It’s also a home full of celebrities for the mega-rich, including singer Frank Ocean.
Additional reporting by Larry Celona and Steven Vago