Why every US company has a stake in Bed Bath & Beyond's heated boardroom war
May 09, 2019 at 09:14 AM EDT
A Bed Bath & Beyond board shake-up led to the dismissal of a number of members who had been leading the retail company for close to two decades. The board, now majority female, younger and more diverse, is what its activist investors were looking for. But they are worried the new board's lack of relevant skill sets and retail experience will cut short any attempt to turn around the struggling retailer.