Shoppers enter a building housing a Bed Bath & Beyond Inc. store in New York.
Mark Kauzlarich | Bloomberg | Getty Images
Shares of Bed Bath & Beyond spiked more than 18% on Wednesday after the company announced Mark Tritton would become its new president and CEO effective November 4.
Tritton will join Bed Bath & Beyond from Target, where he most recently acted as executive vice president and chief merchandising officer. He was instrumental in making shopping at Target seamless for customers whether they were in-store or purchasing items online.
He succeeds interim CEO Mary Winston.
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