A person day immediately after announcing the departure of CEO Mark Tritton, Bed Bath & Beyond has named Laura Crossen as its new SVP of Finance and Main Accounting Officer, and Susie Kim as SVP of Treasury and Investor Relations. Each appointments are productive immediately.
Crossen, who has been with the retailer considering that 2001, will lead the crew responsible for executing world wide accounting functions, fiscal reporting and tax functions, and will go on to report to EVP and CFO Gustavo Arnal. She replaces John Barresi, who resigned from the company successful June 10, 2022 to go after a different chance. Kim, who joined the retailer in May 2021 to lead the company’s trader relations, will acquire above Crossen’s former purpose.
“I’ve been impressed by Laura’s management, monetary capabilities and determination to our firm,” explained Arnal in a assertion. “Over Laura’s 20-yr tenure at Bed Bath & Outside of, she has demonstrated an incredible perform ethic and has been an priceless member of our team. I’m thrilled to continue being functioning with her in this new role and glimpse ahead to our business continuing to advantage from her contributions. I am also be sure to to have Susie play an expanded and even more pivotal job in our corporation.”
Tritton’s departure, which was precipitated by a Q1 gross sales drop of 25%, was accompanied by the departure of EVP and Chief Merchandising Officer Joe Hartsig. Mattress Bathtub & Further than Board member Sue Gove is serving as Interim CEO, and former SVP and General Manager for Harmon Mara Sirhal is changing Hartsig.