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Bed Bath & Beyond announced its CEO, Mark Tritton, was stepping down on June 29. The news came following missed earnings and in an effort to focus "on reversing recent results, addressing supply...
On May 13, 2019, Bed Bath & Beyond announced that CEO Steven Temares would step down "effectively immediately" and would resign his seat on the board of directors. Mary Winston, who had been appointed to the company's board as a result of the activist investment firms' efforts, replaced Temares as interim CEO.
Temares was born in 1958 in The Bronx, New York City, and grew up in Paramus, New Jersey. [1] He was in the Paramus High School class of 1976. [2] He earned a B.A. degree from Rutgers University in 1980 and attended the University of Pennsylvania Law School, where he was awarded a J.D. in 1983. [1]
MIAMI, FLORIDA - JUNE 29: A Bed Bath & Beyond store is seen on June 29, 2022 in Miami, Florida. Bed Bath & Beyond Inc. fired its CEO Mark Tritton as shares of the company are down more than 55% ...
Bed Bath & Beyond CEO gets ousted after a brutal quarter. ... which more than tripled during the meme market of late 2020 and early 2021, are down over 80% from highs reached in early '21.
Beyond, Inc. is an American online retailer headquartered in Midvale, Utah. [2] Previously known as Overstock.com, Inc., the company acquired and adopted the name of bankrupt big-box retailer Bed Bath & Beyond in 2023. [3][4] The company sells home decor, furniture, bedding, and many other goods that are closeout merchandise. [5]
If he were able to save Bed Bath & Beyond, it would have likely put him on a CEO track. A Bed Bath & Beyond store is seen on July 09, 2020 in Larkspur, California. (Photo by Justin Sullivan/Getty ...
JAT Capital Management, which owns 9.6% of Bed, Bath, & Beyond, sent the board a second letter, just weeks after it got its CEO fired.