The Executive Vice President, CFO committed suicide on 2 February 2022 on Friday by leaping from the 18th story of the renowned ‘Jenga’ tower in Manhattan, New York.
He jumped from the tower at around 12:30 pm, as per New York Police Department. The cause of his death was the ongoing high inflation and a weak economy.
Who Is Gustavo Arnal? Wikipedia Details
Gustavo Arnal has been an Executive Vice President and CFO for Bed Bath & Beyond since May 2020. He had worked in the firm for more than two years before his death.
He is currently trending on the internet due to his suicide. Gustavo Arnal is yet to be featured on the official Wikipedia page.
Gustavo Arnal’s exact birthdate is unknown. However, he was born in 1970 in New York, and his age was 52 at the time of his death. The zodiac sign of an Executive Vice President or CFO is unknown.
Likewise, Bed Bath & Beyond’s President holds an American nationality and belongs to white ethnicity. In addition, he follows the path of the Christianity religion.
Regarding his educational background, Arnal joined Universidad Simon Bolivar in 1987 and graduated with an Undergrad in Mechanical Engineering in 1992. He enrolled at Universidad Metropolitana in 1996 and obtained his Master’s degree in Finance in 1997.
Afterwards, Gustavo attended The Wharton School in 2002 and obtained his Executive Education, Competitive Strategy, in 2002. Furthermore, he studied at IMD and graduated in Challenges of Corporation’s Lasting Success in 2015.
His height is around 5 feet 8 inches or 1.72 m tall, and he had an average weight of approximately 81 kg or 178 lbs.
Why Did Gustavo Arnal Commit Suicide?
The Executive Vice President and CFO of Bed Bath & Beyond recently made a headline about who committed suicide due to the inflation rate and a weak economic crisis, which led him to commit suicide.
On Friday, the New York Police Department reportedly announced his death on 2 February 2022 by leaping from the 18th story of the renowned ‘Jenga’ tower in Manhattan, New York.
According to media reports, Gustavo Arnal had sold more than 42,000 shares of the frequently referred-to “meme stock” business for $1 million a few weeks ago. During the time, he owned 267,896 shares in the company with a value of approximately $6.5 million.
Due to the COVID-19 pandemic, his firm struggled, and the share value decreased. The high inflation rate and financial crisis led him to commit suicide at the age of 52.
Who Were Gustavo Arnal’s Parents?
The identity of Gustavo Arnal is unknown. He kept his personal life a secret before the time of his death due to his privacy. Likewise, Arnal wasn’t active on social media platforms, so it’s been difficult to know about his parents and siblings.
Was Gustavo Arnal Married?
Most probably, Gustavo Arnal was a married personality. He was married to his long-time girlfriend turned wife, Alexander Cadenas-Arnal in 1994. They have been married for nearly three decades.
However, the professional career of his wife is unknown in the media. Gustavo tried to stay a low-key personality and focused on his business venture and career.
He has two children, and both of them are daughters. Unfortunately, his beautiful children’s names and identities are unknown. Once, Gustavo was seen with his wife and children, while the Arnal’s family were enjoying their good times on the ocean.
When Did Gustavo Arnal Start His Career?
Gustavo Arnal began his career at Procter & Gamble as a CFO (Country) – Brazil, Mexico Beauty, USA Pringles, Venezuela for eight years, from July 1997 to July 2005. Similarly, he worked in several positions, including Corporate Finance Director, Global Finance Manager, Personal Beauty, CFO (Category) – Global Fabric Care, CFO – India Middle East & Africa Region, and others.
Afterwards, Gustavo became SVP CFO International Divisions and Global Functions for Walgreens Boots Alliance in July 2017 and worked in the position for one and half years till December 2018.
After that, he joined Avon as a Chief Financial Officer Avon (NYSE: AVP) in December 2018, based in London, United Kingdom, and worked there for more than a year until January 2020.
Gustavo Arnal worked as an Executive Vice President and CFO for Bed Bath & Beyond before his death. He joined the firm in May 2020, and it’s been more than two years working in the company before his death.
How Much Is Gustavo Arnal’s Net Worth?
Gustavo Arnal had an approximate net worth of $6 million before his death. Gustavo had more than $2.9 million, which he earned from Bed Bath & Beyond, including $775,000 in salary.
