Does Gustavo Arnal Have Any Children? Gustavo Arnal, the late CFO of Bed Bath & Beyond, was most likely Venezuelan-born. On Friday, Gustavo jumped to his death from the 18th floor of Manhattan’s Tribeca building.
On Sunday morning, the CFO’s wife and two daughters were spotted leaving their New York apartment to get ready for the funeral arrangements.
One of the company’s majority shareholders allegedly asked the CFO to take control of shares so they could both make money, and as a result, the CFO allegedly engaged in insider trading.
Currently, there are no statements from the family of the late CFO, but the company Bed Bath & Beyond made comments last night, mourning the loss of the man who had helped them greatly during the COVID pandemic.
Gustavo joined Bed Bath & Beyond in 2020 after quitting his position at the makeup company Avon.
Does Gustavo Arnal Have Any Children?
The 52-year-old CFO had two children, both daughters, with his wife, Alexandra Cadenas-Arnal. The pair were together for 28 years before Arnal decided to take his life by plunging from the 18th floor of the Tribecca Building.
With the photo published by Daily Mail, the daughters of the CFO are likely to be in their early 20s. The names of his daughters have not been revealed as much information about the former CFO remains to be kept out of the public limelight.
Authorities had informed about the incident at 12:30 pm local time on Friday. It was only yesterday that the man who jumped off from the Jenga building was identified as Gustavo Arnal.
The FDNY spokesperson said that a woman was seen looking distraught and crying near the building before eventually entering the ambulance. Sources close to New York Post have said that Alexandra was present in the building when her husband jumped to his death.
Who Are Gustavo Arnal’s Parents? Meet Gustavo Arnal’s Family
- Gustavo Arnal’s parents are likely to have come from the South Amerian Nation of Venezuela.
- Gustavo leaves behind his wife of 28 years and two adult daughters as he plunged to his death on Friday.
- The CFO was having a turbulent time as the company Bed Bath & Beyond had dropped 25% of its sales in the first quarter.
Gustavo Arnal’s parents are likely from the South American nation, Venezuela.
The late CFO of Bed Bath & Beyond received his mechanical engineering degree and master’s degree from Venezuelan universities, alluding to the fact that he spent his formative years in the land of grace.
The CFO graduated from the Simón Bolívar University of Venezuela and got his master’s degree in finance from the Metropolitan University of Cara.
Arnal is likely to have migrated to the US for better opportunities and to complete his higher studies. In the US, he joined The Wharton School of the University of Pennsylvania and worked for several top companies, including Procter and Gamble and Avon.
At Avon, the CFO helped the makeup company reach new heights, which led Bed Bath & Beyond to appoint him in the first place.
The turnaround effect Gustavo had at Avon was highly talked about in the business world, and Bed Bath & Beyond was also going through rebuilding in 2020.
The company, Bed Bath & Beyond, released a statement last night mourning the loss of its former executive vice president and CFO.
Harriet Edelman, Independent Chair of the Board of Directors said, ” Gustavo will be remembered for all he worked with for his leadership, talent, and stewardship of our company.”
He further said, “Our focus is on supporting his family and his team, and our thoughts are with them during this sad and difficult time. ”
We might likely see Gustavo’s parents at his funeral, which is likely to be held soon as his wife and daughter were seen preparing for it.
Who Is Gustavo Arnal’s Brother?
It is unclear whether the CFO and executive vice president of Bed Bath & Beyond Gustavo Arnal had any brothers or was the only child of his parents.
Currently, no reports hint that the late CFO had any siblings whatsoever. The 52-year-old was a multimillionaire and lived a life of comfort with his wife and two daughters.
It was alleged that the CFO had made misleading statements showing that the company was improving financially. But the story was different from the outsider’s point of view as the company Bed Bath & Beyond has closed 150 of its stores across the US and was laying off 20% of its stock.
The CFO of the company had a fortune of $6.05 million, which is all likely to go to his wife and two daughters.
