One day after Bed Bath & Beyond CEO Mark Tritton stepped down after another poor quarterly sales and earnings report, the Union-based home goods retailer named Laura Crossen as senior vice president of finance and chief accounting officer and Susie Kim, vice president of investor relations, has been named senior vice president of treasury and investor relations, taking over Crossen’s previous treasury role, effective immediately.
Crossen replaces John Barresi, who resigned from the company effective June 10 to pursue another opportunity.
Crossen will lead Bed Bath & Beyond’s team that is responsible for executing the company’s global accounting operations, financial reporting and tax functions. She has been with Bed Bath & Beyond since 2001 and most recently served as senior vice president, treasury, tax and finance transformation. Crossen will continue to report to Gustavo Arnal, executive vice president and chief financial officer.
“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 stated.
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Crossen has been with Bed Bath & Beyond for over 21 years, serving various roles of increasing responsibility within the financial and accounting functions at the company. Prior to joining Bed Bath & Beyond, she served as senior vice president of finance at Delia’s, a New York City-based national multichannel apparel, accessories and footwear retailer primarily marketed to teenage girls. Crossen began her career with Ernst & Young in its audit practice and spent time as a manger within its National Retail and Consumer Products Group.
Kim joined Bed Bath & Beyond in May 2021 to lead investor relations as the company embarked on a multiyear strategic transformation. Prior to joining Bed Bath & Beyond, she served as treasurer and vice president of investor relations for ABM Industries, where she was one of ABM’s youngest executive officers. As treasurer, Kim was responsible for ABM’s capital structure, cash and liquidity management and relationship management across the company’s syndicate of 16 banks. She was also a member of the company’s Culture & Inclusion Advisory Board. She began her career within equity research at Cowen and Co. before accepting a finance role at Aéropostale Inc. For nine years, Kim served on the retailer’s award-winning investor relations team.