Bed Bath & Beyond Inc. Appoints 4 New EVPs, Including CFO

Union, N.J. — Bed Bath & Beyond Inc. has made four new strategic appointments to its leadership team, each of whom will report directly to President & CEO Mark Tritton.

This includes the appointment of Gustavo Arnal as executive vice president, chief financial officer (CFO) and treasurer, effective May 4, 2020. Arnal joins the company following his previous role as Group CFO of Avon, prior to which he held senior positions at Walgreens Boots Alliance and Procter & Gamble. Bed Bath & Beyond’s current CFO and treasurer, Robyn D’Elia, is departing.

In addition to Arnal, the following appointments represent a diverse group of experienced senior executives with strong track records of success in the retail and consumer products sectors:

  • Rafeh Masood joins the company as executive vice president, chief digital officer, effective May 11, 2020. Masood was most recently senior vice president, chief digital officer at BJ’s Wholesale Club, following earlier strategic positions at Dick’s Sporting Goods and Sears Holdings.
  • Gregg Melnick will assume the role of executive vice president, chief stores officer, effective May 11, 2020, from his current role as the company’s interim chief digital officer. Melnick joined Bed Bath & Beyond in 2018 as chief operations officer, digital. Previously, Melnick was president of Party City Holdings.
  • Arlene Hong joins the company as executive vice president, chief legal officer and corporate secretary, effective May 18, 2020. Hong was formerly chief legal officer, senior vice president and corporate secretary, FULLBEAUTY Brands, prior to which she held a number of senior legal positions at J.Crew and Amazon.

“We remain committed to rebuilding our business and strengthening our ability to serve our loyal customers, while we respond to the challenges presented by COVID-19,” Tritton says. “In addition to the appointments of Joe Hartsig as chief merchandising officer, and John Hartmann as chief operating officer, we are continuing to bring in experienced, passionate leaders of change into our business, with strong expertise in business transformation and omnichannel retail. This is a world-class team that will accelerate and drive our transformation.”

Bed Bath & Beyond Inc. and subsidiaries is an omnichannel retailer that sells a wide assortment of domestic merchandise and home furnishings. The company also provides a variety of textile products, amenities and other goods to institutional customers in the hospitality, cruise line, healthcare and other industries. Additionally, the company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond.

 

SOURCE: Bed Bath & Beyond Inc.

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