“At Bed Bath & Beyond Inc., Mr. Arnal was instrumental in guiding the organization throughout the coronavirus pandemic, transforming the Company’s financial foundation and building a strong and talented team,” the company’s release said. “He was also an esteemed colleague in the financial community.”
Bed Bath & Beyond has been facing challenges. On Aug. 31, the company announced the closure of 150 of its stores and revealed it was reducing its workforce by 20 percent.
(E! and NBC are both part of the NBCUniversal family).
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