Bed Bath & Beyond surges more than 20% after naming former Target executive as CEO (BBBY)

Shoshy Ciment/Business Insider

• Bed Bath & Beyond announced on Wednesday that Target's chief merchant Mark Tritton will be its new CEO.
• Shares gained more than 20% in after-hours trading on the news.
• Tritton brings 30 years of retail experience.
• Watch Bed Bath & Beyond trade live on Markets Insider.

---

Investors look to be thrilled with Bed Bath & Beyond's pick for CEO. 

Shares of Bed Bath & Beyond soared more than 20% in after-hours trading after the company announced that Mark Tritton will be its CEO and president starting November 4, 2019. He will succeed interim CEO Mary Winston.See the rest of the story at Business Insider

NOW WATCH: This is the shortest route for a road trip across the US to see 50 national landmarks

See Also:

• I'm a die-hard Costco fan who shopped at Sam's Club for the first time — and I know which store I'll continue to visit
• These are the 6 nastiest cruise ships
• These are the fugitives on the FBI's 10 Most Wanted list — and how they got there