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Thursday 25 July, 2024
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Gustavo Arnal’s death declared as suicide by medical team

BY Anas Shah Sep 06, 2022. 12:09 pm UPDATED: Sep 06, 2022. 12:11 pm

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The fatal fall from his posh Tribeca high-rise apartment by Bed Bath & Beyond CEO Gustavo Arnal was determined to be a suicide by the city’s medical examiner on Monday.

As the retail company struggled financially and he was accused of being involved in a $1.2 billion “pump-and-dump” stock fraud case filed last month, Arnal, the company’s CFO before he passed away, leaped off the 18th storey of the opulent “Jenga Building” on Friday afternoon.

Multiple blunt trauma was determined to be Arnal’s cause of death by the medical examiner’s office.

The 52-year-old killed himself inside their apartment while his wife was present, and according to law enforcement sources who spoke to The Post, he didn’t leave a letter outlining the circumstances of the fatal fall.

Arnal joined Bed Bath & Beyond in May 2020. The company in a statement Sunday credited the “distinguished global” exec of getting them through the worst of the COVID-19 pandemic.

“Gustavo will be remembered by all he worked with for his leadership, talent and stewardship of our Company,” said board of directors chairman Harriet Edelman in a statement. “… Our focus is on supporting his family and his team and our thoughts are with them during this sad and difficult time.”

Gustavo Arnal

Gustavo Arnal Family

The company told The Post in a statement Sunday, “We will not comment on litigation and ask that you please respect Mr. Arnal’s family and their privacy at this time.”

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