Gustavo Arnal, 52, who was also executive vice president of the ailing homewares retailer, fell from March 18 to 18th floor of 56 Leonard Street on Friday, police sources said.
The 60-story building is best known for its intentionally misaligned apartments, which are stacked on top of each other and resemble the popular game “Jenga.”
Messages left at Bed Bath & Bed and Arnal’s family on Saturday were not immediately returned.
On Jan. 8, Arnal sold 42,513 shares of the company’s stock for just over $1 million, according to MarketBeat.com.
Arnal joined Bed Bath & Beyond in 2020. He previously worked as Chief Financial Officer for cosmetics giant Avon based in London and had a 20 year career heading Procter & Gamble overseas.
In 2021, according to InsiderTrades.com, he made more than $2.9 million through Bed Bath & Beyond, including $775,000 in salary and the rest in stock awards.
Bed Bath & Beyond was recently confronted Turbulence.
Shares in the Union, New Jersey-based company lost nearly a quarter of their value on Wednesday after the company announced a restructuring that includes store closures, layoffs and a possible stock offering.
The company said it received more than $500 million in new funding and cut 20% of its workforce. It plans to close about 150 eponymous stores but retains its buybuy BABY chain.
In mid-August, shareholder activist Ryan Cohen, the billionaire co-founder of online pet products retailer Chewy Inc. sold his shares in Bed Bath & Beyond after Acquisition of a 10% stake just a few months earlier and a promise to make big changes.
The “Jenga Building” features 19-foot ceilings, double-height windows, white oak and stone floors, a gas fireplace, chef’s kitchen and three terraces totaling 1,252 square feet with panoramic views of the water and city skyline.
It’s also a celebrity home for the mega-rich, including singer Frank Ocean.
Additional reporting by Larry Celona and Steven Vago