In the weeks before Gustavo Arnal took his own life, there was growing concern among Bed Bath & Beyond officials and directors over the demands being placed on the chief financial officer and the stress of the intensifying financial crisis at the home-goods chain, according to people familiar with the matter.

Sue Gove, a board member who had taken over as interim chief executive officer in June, and some other board members thought Mr. Arnal was overwhelmed but didn’t want to replace the finance chief while the embattled retailer was in the midst of raising money, the people said.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Vaccine-Mandate Fight Between Texas, Biden Has Companies Caught in Middle

On one side, Monday’s executive order from Texas Gov. Greg Abbott forbids…

A No-Jerks Policy Ignited Morale at the Company Behind Yankee Candle

Soon after Ravi Saligram took charge of the company that makes Sharpie…

Newborn baby dies in intense Russian bombing across Ukraine

A newborn baby has become one of the youngest victims of Vladimir…

Walmart to create fintech startup with investment firm behind Robinhood

Walmart said Monday that it is creating a fintech start-up with Ribbit…