Gustavo Arnal, the CFO of Bed, Bath & Beyond, has been identified as the man who jumped to his death from the 18th floor of the famous ‘Jenga’ tower in lower Manhattan’s Tribeca neighborhood Friday.
Gustavo Arnal, who was also an executive vice president for the struggling home goods retailer, plunged from the 18th floor of 56 Leonard Street on Friday, police sources said.
Calls regarding the jump at 56 Leonard Street near Church Street came in at around 12:30pm Friday, according to a spokeswoman for the NYPD.
Arnal was identified as the jumper at the 57-story building – where apartments go for up to $50million – on Friday afternoon, according to the New York Post.
The 60-story building is best known for its purposely misaligned apartments stacked atop each other, resembling the popular game “Jenga.”
Who was Gustavo Arnal?
Gustavo Arnal was the Chief Financial Officer of Bed Bath & Beyond, a company that has been going through struggles of late due to high inflation and a sagging economy.
Arnal, 52, joined Bed Bath & Beyond in 2020.
He previously worked as chief financial officer for cosmetics giant Avon based out of London and had a 20-year career working overseas leading Procter & Gamble.
In 2021, he made more than $2.9 million via Bed Bath & Beyond, including $775,000 in salary and the rest in stock awards, according to InsiderTrades.com.
He reportedly sold over 42,000 shares in the company, oft-identified as a ‘meme stock’, for $1million just over two weeks ago, according to MarketBeat.com.
At the time, he still owned 267,896 shares in the company, valued at just under $6.5million.