Death Of Bed Bath & Beyond CFO Creates New Crisis For Company

The death of Bed Bath & Beyond CFO Gustavo Arnal on Friday, which the retailer announced on Sunday put the company in another crises

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According to Reuters CFO was killed on Friday, after falling off the "Jenga" tower in New York's Tribeca neighborhood.

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Is just days after the retail firm announced it would shut around 150 of its 700 name-brand stores

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And laid off around 20 percent of its employees due to an increase of nearly 21% decline in its stock price on Wednesday, and an 85% decline in the year prior

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I would like to convey Gustavo's family sincere condolences. Gustavo is remembered as a leader, talents and management for our Company by all who worked with him

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That can cause an emergency for businesses or organizations. This can cause a crisis for companies

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The figure was 34%. Only 34% family-owned businesses had an "robust written, communicated and documented succession plan" in place

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