A day after the company announced the departure of its CEO and declining first quarter results, Bed Bath & Beyond announced new executive appointments in finance and investor relations.
The retailer appointed Laura Crossen senior vice president, finance and chief accounting officer; and Susie Kim as senior vice president, treasury and investor relations.
Crossen will lead Bed Bath & Beyond’s team responsible for executing the company’s global accounting operations, financial reporting and tax functions. She was senior vice president, treasury, tax, and finance transformation. She replaces, John Barresi, who resigned from the company, and she continues reporting to Gustavo Arnal, executive vice president and CFO. Kim takes over Crossen’s previous treasury role.
“We are pleased to elevate Laura and Susie, who are accomplished leaders, have deep expertise and understanding of our business, and are ideal fits for these roles,” Arnal said. “I’ve been impressed by Laura’s leadership, financial skills and dedication to our company. Over Laura’s 20-year tenure at Bed Bath & Beyond, she has demonstrated an incredible work ethic and has been an invaluable member of our team. I’m thrilled to remain working with her in this new role and look forward to our organization continuing to benefit from her contributions. I am also pleased to have Susie play an expanded and even more pivotal role in our organization.”
