TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Samsung Electronics Shares Jump on HBM4 Mass Production Report 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Bed Bath & Beyond revealed on Wednesday, Oct. 26, that it has appointed a chief executive officer who will lead the company. The brand announced that Sue Gove who has been serving as interim CEO since June this year will remain in her seat but in a permanent role this time.
As per Fox Business, Gove will officially assume the role of Bed Bath & Beyond’s chief after the board of directors unanimously approves her appointment. The executives believe she can continue leading the company and will do a good job in working to turn around the business, as they have been struggling recently.
The holiday season is also approaching fast, and the directors are hoping the new CEO could also use this to further boost sales and help the company recover. Gove will also remain on Bed Bath & Beyond’s board even with her new position.
In any case, Gove has been with the company for more than three years and started as an independent director in May 2019. In March, she was assigned as chairwoman of the Board’s Strategy Committee and took over the CEO role from Mark Tritton in June (as interim) amid the plunging sales and chaotic internal corporate situation.
"We are pleased to announce the appointment of Sue as Chief Executive Officer. Sue is the best person to serve at the helm of Bed Bath & Beyond and continue leading the Company," Bed Bath & Beyond Inc.'s board of directors independent chair, Harriet Edelman, said in a press release. "During her tenure as Interim CEO, Sue took consequential actions to increase liquidity and establish the groundwork to improve customer loyalty, traffic, and market share.
She added, “A strong team builder and hands-on leader, Sue has earned the trust of associates across headquarters, stores, and operations and is working alongside our two Brand Presidents to support our important supplier community.”
Meanwhile, Bed Bath & Beyond also appointed Laura Crossen as interim chief financial officer. She replaced Gustavo Arnal, who took his own life last month while he was facing a huge lawsuit related to the business.
Photo by: Mike Kalasnik/Flickr (CC BY-SA 2.0)
