Bed Bath & Beyond Names Interim CFO After Executive's Death

StreetInsider2022-09-06

Bed Bath & Beyond Inc named accounting head Laura Crossen as interim chief financial officer following the death of finance chief Gustavo Arnal, a regulatory filing showed on Tuesday.Arnal fell from a...

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Comments

Bel8680
2022-09-07
Bel8680
Ok
SPOT_ON
2022-09-07
SPOT_ON
R.I.P
- MOON88:
  To the moon soon
V K
2022-09-06
V K
Pls like tyvm[Happy]
DoggoFan
2022-09-06
DoggoFan
Condolences to the family

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The COVID-19 pandemic, supply chain crunch and consumer pullback on shopping due to sky-high inflation also hit the chain's sales.Last week, Bed Bath & Beyond said it would close 150 stores, cut jobs and overhaul its merchandising strategy in an attempt to turn around its money-losing business.The company, as well as Arnal, were also sued on Aug. 23 over accusations of artificially inflating the firm's stock price in a \"pump and dump\" scheme, with the lawsuit alleging Arnal sold off his shares at a higher price after the scheme.The company said it was \"in the early stages of evaluating the complaint, but based on current knowledge the company believes the claims are without merit.\"The retailer's share were down over 14% in morning trading.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9931275759,"gmtCreate":1662474353171,"gmtModify":1676537068446,"author":{"id":"4115212345457912","authorId":"4115212345457912","name":"DoggoFan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"4115212345457912","authorIdStr":"4115212345457912"},"htmlText":"Condolences to the family","listText":"Condolences to the family","text":"Condolences to the family","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931275759","repostId":2265909631,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":54,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2265909631"}