Bed Bath & Beyond shares fall 18%; company names new CFO

Photo caption: Signage is seen at a Bed Bath & Beyond store in Manhattan, New York City, U.S., June 29, 2022. Photo credit: Reuters / Andrew Kelly / File Photo. Reporting by Uday Sampath and Ananya Mariam Rajesh in Bengaluru, Siddharth Cavale in New York and Matt Tracy in Washington Editing by Krishna Chandra Eluri, Anil D’Silva and Matthew Lewis. Reuters – September 6, 2022.

Sept 6 (Reuters) – Shares of Bed Bath & Beyond Inc (BBBY.O), which has grappled with slumping business and shaken up management in recent months, fell nearly 20% on Tuesday in the first full day of trading after the sudden death of its chief financial officer. The home goods company on Tuesday named accounting head Laura Crossen as interim chief financial officer following the death of finance chief Gustavo Arnal, according to a regulatory filing. […]

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