UNION, N.J.-Eugene Castagna, Bed Bath & Beyond’s chief financial officer and treasurer, has been promoted to chief operating officer of the home specialty retailer.
Castagna has been with Bed Bath & Beyond since 1994, and became chief financial officer and treasurer in 2006 after performing a number of roles in finance and operations throughout his time with the retailer. He also assumed a number of key operational responsibilities, including the integration and growth of Bed Bath’s baby business following the 2007 acquisition of buybuy Baby, and helping to lead the integration efforts of Cost Plus World Market following its acquisition in 2012.
Succeeding him as chief financial officer and treasurer is Susan Lattmann, previously vice president-finance. Lattmann joined Bed Bath in 1996 and became vice president-finance in 2006 after serving for five years as vice president-controller.
Along with these promotions, Bed Bath & Beyond said the employment agreements of its co-founders and co-chairmen, Warren Eisenberg and Leonard Feinstein, have been extended until Feb. 25, 2017.
Referring to Castagna and Lattmann, CEO Steven Temares said, “These promotions further strengthen our deep and experienced management team as we execute our long-term strategic plans. Over the last several years, Gene’s role has expanded beyond his financial responsibilities to include several key operational and planning areas, and Sue has made valuable contributions to all aspects of our financial and strategic processes. Today’s announcement has positioned both Gene and Sue to assume even greater roles in helping lead and organize our company for continued growth and success.”