Bed Bath & Beyond has gone from a company with a soaring share price to a company in crisis in the space of a few weeks amid a billion dollar lawsuit and the suicide of CFO Gustavo Arnal. Speaking to bankruptcy attorney Eric Snyder explicitly said: 'The company is in crisis.' He continued: 'Now that there is a vacancy for the CFO, the logical next step is to bring in a restructuring officer to either restructure the company with the creditor groups or sell the company through an organized bankruptcy process.'There has been a major disruption at the boardroom level at the one-time retail giant. In June, chief executive Mark Tritton and chief merchandising officer Joe Hartsig left on the same day. A week before Arnal's suicide, the company's COO John Hartman resigned.
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