Bed Bath & Beyond Inc. (NASDAQ: BBBY) announced today that it has appointed Stephanie Bell-Rose, senior managing director at TIAA and head of the TIAA Institute, as an independent member of the Company's Board of Directors, effective May 18, 2018. This appointment expands the Board to 12 members. The Company has nominated Bell-Rose for election at Bed Bath & Beyond's 2018 Annual Meeting of Shareholders.

"We are very pleased to have Stephanie join our Board," said Steven Temares, Bed Bath & Beyond's CEO and Member of its Board of Directors. "Stephanie is a proven leader in organizational effectiveness, and will provide fresh insights as we continue to transform our Company for long-term success."

"I look forward to working together with the Bed Bath & Beyond Board and management team as they continue to transform and strengthen their position as the expert for the home and heart-felt life events," said Bell-Rose.

Stephanie Bell-Rose, 60, is senior managing director at TIAA and head of the TIAA Institute, which produces original research and insights on issues pertaining to financial security and organizational effectiveness in the educational, nonprofit and public sectors. Before joining TIAA in 2010, Ms. Bell-Rose served as a managing director at The Goldman Sachs Group, Inc. and president of its foundation, and as counsel and program officer at the Andrew W. Mellon Foundation. She is a trustee of The John S. and James L. Knight Foundation, the Council on Foundations and the Public Welfare Foundation. Bell-Rose is also a member of the Council on Foreign Relations, the Executive Leadership Council, the Economic Club of New York, and the Women's Forum of New York. In addition, she is Trustee Emerita of the Barnes Foundation and Honorary Trustee of the American Museum of Natural History.

Bell-Rose received the John H. Niemeyer Award for Leadership in Advancing Educational Equity and Excellence from Bank Street College, and The John F. Kennedy School of Government Alumni Achievement Award. She received AB, JD and MPA degrees from Harvard University.

About the Company

Bed Bath & Beyond Inc. and subsidiaries (the "Company") is an omnichannel retailer selling a wide assortment of domestics merchandise and home furnishings which operates under the names Bed Bath & Beyond, Christmas Tree Shops, Christmas Tree Shops andThat! or andThat!, Harmon, Harmon Face Values or Face Values, buybuy BABY and World Market, Cost Plus World Market or Cost Plus. Customers can purchase products either in-store, online, with a mobile device or through a customer contact center. The Company generally has the ability to have customer purchases picked up in-store or shipped direct to the customer from the Company's distribution facilities, stores or vendors. In addition, the Company operates Of a Kind, an e-commerce website that features specially commissioned, limited edition items from emerging fashion and home designers; One Kings Lane, an authority in home décor and design, offering a unique collection of select home goods, designer and vintage items; PersonalizationMall.com, an industry-leading online retailer of personalized products; Chef Central, an online retailer of kitchenware, cookware and homeware items catering to cooking and baking enthusiasts; and Decorist, an online interior design platform that provides personalized home design services. The Company also operates Linen Holdings, a provider of a variety of textile products, amenities and other goods to institutional customers in the hospitality, cruise line, healthcare and other industries. Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond.