BBBY Stock Jumps 3% as Bed Bath & Beyond Lands a Heavy-Hitter for Its Finance Team
TLDR
- BBBY stock gained 2.7% Thursday after announcing Jill Windrum as Chief Accounting Officer and Deputy CFO
- Windrum brings nearly 25 years of financial and accounting experience, including multiple CFO roles at Maxar Technologies
- Dimensional Fund Advisors raised its BBBY position by 49.4% in Q1, owning 905,712 shares valued at $4.20 million
- BBBY reported a Q2 loss of $0.53 per share, missing the $0.30 consensus estimate by $0.23
- Analysts hold an average “Hold” rating on the stock with a price target of $8.67
Bed Bath & Beyond (BBBY) stock climbed 2.7% on Thursday after the company announced the appointment of Jill Windrum as Chief Accounting Officer and Deputy Chief Financial Officer. The stock opened at $4.20, near its one-year low of $4.18.
Windrum comes with nearly 25 years of financial and accounting experience. She has spent more than a decade in public-company finance leadership roles.
Her background covers executive financial leadership, SEC reporting, M&A, and operational finance. That is a wide net, and BBBY clearly needed someone who could cover a lot of ground.
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