JAT Capital Unleashes Scathing Criticism on Bed Bath & Beyond Board Over CEO Ouster and Vacancy
November 20, 2023 : JAT Capital, an activist hedge fund with a 9.6% stake in Bed Bath & Beyond, has fired off a scathing letter to the company’s newly appointed board, expressing deep dissatisfaction with the recent ousting of CEO Jonathan Johnson and the subsequent failure to fill the vacant position.