RIGHTING THE SHIP: Bed Bath & Beyond interim CEO takes on role permanently
on Wednesday said Sue Gove will officially assume the role as chief executive officer after serving several months in an interim capacity.
Gove was unanimously approved by the company's board of directors to continue leading and help turn around the beleaguered business, especially as the critical holiday season approaches. She will also continue to serve on the company's board, the retailer said. "Sue is the best person to serve at the helm of Bed Bath & Beyond and continue leading the Company," Harriet Edelman, independent chair of Bed Bath & Beyond's board, said in a statement. Gove took over in June 2022 replacing Mark Tritton after the company suffered back-to-back quarters ofHowever, the company has faced troubles far beyond that.
"At Bed Bath & Beyond, we have never been more strategically and culturally focused, and I remain dedicated to executing on our back-to-basics philosophy, accelerating our performance, and focusing on financial returns," Gove said in a statement on Wednesday.
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