Monday, November 4, 2024
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Harriet Edelman

Newspeopleretailers

Bed Bath & Beyond Inc. Appoints New President & CEO

by Katie Lee

Union, N.J. — Bed Bath & Beyond Inc. has named Sue Gove as its new president and chief executive officer. Since June 2022, Gove has served as interim CEO. The appointment was unanimously approved by Bed Bath & Beyond Inc.’s board of directors. She will continue to serve on the board. “We are pleased to announce the appointment of Sue as chief executive officer. Sue is the best person to serve at the helm of Bed Bath & Beyond and continue leading the company,” says Harriet Edelman, independent chair of …

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Newspeopleretailers

Bed Bath & Beyond Inc. Mourns the Loss of EVP and CFO

by Katie Lee

Union, N.J. — According to Bed Bath & Beyond Inc., Gustavo Arnal, executive vice president and chief financial officer of the company, passed away on September 2, 2022. The entire Bed Bath & Beyond Inc. organization is profoundly saddened by this shocking loss. “I wish to extend our sincerest condolences to Gustavo’s family. Gustavo will be remembered by all he worked with for his leadership, talent and stewardship of our company. I am proud to have been his colleague, and he will be truly missed by all of us at …

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Newspeopleretailers

Bed Bath & Beyond Realigns Executive Team; Begins Closing 150 Stores

by Katie Lee

Union, N.J. — Bed Bath & Beyond Inc. aims to go back to basics: to better serve customers, drive growth and deliver business returns. To that end, Bed Bath & Beyond has realigned its executive team and also has begun closing approximately 150 lower-producing Bed Bath & Beyond banner stores. “We are announcing immediate actions aimed to increase customer engagement, drive traffic and recapture market share,” says Sue Gove, director & interim CEO. “This includes changing our merchandising and inventory strategy, which will be rooted in national brands. Additionally, we …

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Newspeopleretailers

Bed Bath & Beyond Appoints Interim CEO and New Chief Merchandising Officer

by Katie Lee

Union, N.J. — Bed Bath & Beyond Inc. has made significant changes to its senior leadership to focus on reversing recent results, addressing supply chain and inventory, and strengthening its balance sheet. Sue Gove, an independent director on the company’s board of directors and chair of the board’s Strategy Committee, has been named interim chief executive officer, replacing Mark Tritton, who has left his role as president and chief executive officer and as a member of the board. “After thorough consideration, the board determined that it was time for a …

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