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November 4, 2022

Masood Resigns from Bed Bath & Beyond

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Bed Bath & Beyond’s Rafeh Masood, executive vice president and chief customer and technology officer, has resigned from the company, effective December 2, according to a United States Securities and Exchange Commission filing.

The SEC filing noted Masood’s resignation was not the result of any disagreement with the company on any matter relating to its operations, policies or practices or financial statements.

Masood was chief digital officer under the regime of former Bed Bath & Beyond CEO Mark Tritton. In August of last year, the company promoted him when Cindy Davis stepped down from her positions as executive vice president, chief brand officer, and president of Decorist. At that point, Masood became interim chief brand officer, adding to his titles of executive vice president and chief digital officer, and he took responsibility for the Decorist operation. In November 2021, the company named Masood chief customer officer, a newly created role that combined his digital and brand roles.

Bed Bath & Beyond, meanwhile, is investigating a data breach at the company. 

“As previously shared in an unrelated filing, we recently became aware that an outside party had improperly accessed, via a phishing scam, data on the hard drive and certain shared drives to which one of our employees had access. We are reviewing the accessed data to determine whether these drives contain any sensitive and/or personally identifiable information,” a Bed Bath & Beyond spokesperson told HomePage News. “At this time, we have no reason to believe that any such sensitive or personally identifiable information was accessed, or that this event would be likely to have a material impact on the company.”

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