{"id":19692,"date":"2022-06-29T07:51:52","date_gmt":"2022-06-29T14:51:52","guid":{"rendered":"https:\/\/marketdepth.com\/?p=19692"},"modified":"2022-06-29T07:51:54","modified_gmt":"2022-06-29T14:51:54","slug":"bed-bath-beyond-replaces-ceo-as-sales-plummet","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/bed-bath-beyond-replaces-ceo-as-sales-plummet\/","title":{"rendered":"Bed Bath & Beyond Replaces CEO as Sales Plummet"},"content":{"rendered":"\n
Bed Bath & Beyond (NASDAQ:BBBY) is replacing CEO Mark Tritton as sales continue to decline quarter after quarter. Mark joined Bed Bath & Beyond in 2019 after being a Target veteran. <\/p>\n\n\n\n
Shares are down 20% on the day with the news of CEO being replaced and sharp losses.<\/p>\n\n\n\n
The announcement came as a new interim CEO has been named Sue Gove, an independent director of the Board. With years of effort to get Bed Bath & Beyond into the black but continuously falling short of their efforts.<\/p>\n\n\n\n
\u201cI step into this role keenly aware of the macro-economic environment.\u201d<\/p>Sue Gove, Interim CEO<\/cite><\/blockquote>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"Bed Bath & Beyond (NASDAQ:BBBY) is replacing CEO Mark Tritton as sales continue to decline quarter after quarter. Mark joined Bed Bath & Beyond in 2019 after being a Target veteran. Shares are down 20% on the day with the news of CEO being replaced and sharp losses. The announcement came as a new interim… View Article<\/a>","protected":false},"author":3,"featured_media":17879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":0,"footnotes":""},"categories":[10,31,17,16],"tags":[],"acf":[],"yoast_head":"\n
Bed Bath & Beyond Replaces CEO as Sales Plummet - MarketDepth<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n