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Bed Bath & Beyond Inc (NASDAQ: BBBY) on Wednesday said it is replacing its CEO after the company reported another quarter of declining sales

Bed Bath & Beyond to replace CEO as company’s sales decline

The company said CEO Mark Tritton will be replaced by Sue Gove, an independent director

By Shubhangi Mathur
Published - Jun 29, 2022, 08:21 PM ET
Last Updated - Mar 07, 2024, 11:57 AM EST

• The company said CEO Mark Tritton will be replaced by Sue Gove, an independent director

Bed Bath & Beyond Inc (NASDAQ: BBBY) on Wednesday said it is replacing its CEO after the company reported another quarter of declining sales.

The company said CEO Mark Tritton will be replaced by Sue Gove, an independent director on the board, as interim CEO, until the company finds Tritton’s successor.

Shares of the company fell 24% on Wednesday.

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