Bed Bath & Beyond names Laura Crossen as interim CFO

Bed Bath & Beyond has named its chief accounting officer, Laura Crossen, as interim chief financial officer following the death of Gustavo Arnal. The home goods retailer said in a regulatory filing that Crossen will continue as its principal accounting officer while serving in the interim role. Crossen’s base salary was raised by $200,000 and the compensation committee increased her target annual bonus opportunity to 70% of her modified base salary. The filing said the adjustments will only be effective for the period she serves as interim CFO. Arnal died on Friday.