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Startup Oath Craft Pizza brings CEO on board

Patrik Hellstrand tapped to lead four-unit chain with ambitious growth plans

Jonathan Maze, Senior Financial Editor

October 14, 2016

1 Min Read
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patrik hellstrand

Oath Craft Pizza, which received $4.5 million in venture funding last month, has named Patrik Hellstrand president and CEO. 

Hellstrand, the first CEO of Oath Craft Pizza, adds a seasoned executive to a chain with big growth aspirations. 

“It’s been an incredible year for Oath,” chief operating officer Rick Wolf said in a statement. “We are thrilled to have Patrik join the team. His arrival will surely support these initiatives and bring infinite value to the brand.”

Hellstrand most recently was corporate group vice president at the fitness company Equinox. He has also held positions in the hotel and consulting industries. 

“I was attracted to Oath by the passion I experienced meeting the team and visiting the stores as a guest,” Hellstrand said in a statement. “I am excited for us to build an honest and respected people-centric brand together.”

Breakaway, a Boston-based investment firm, recently led a $4.5 million funding round in Oath Craft Pizza. The startup chain has raised $9 million in two funding rounds. 

Oath Craft Pizza opened its first location last year and is working to expand to new markets like New York and Washington, D.C. The expansion requires more leadership, company executives said. 

“We have exceeded our expectations under Rick Wolf’s leadership,” executive chairman John Burns said in a statement. “As we prepare for rapid expansion into multiple metro areas including New York, it was imperative to invest in top-caliber, industry expertise.”

Contact Jonathan Maze at [email protected]
Follow him on Twitter at @jonathanmaze

About the Author

Jonathan Maze

Senior Financial Editor, Nation's Restaurant News

Follow @jonathanmaze

Jonathan Maze covers finance for sister publication Nation's Restaurant News, as well as restaurant chains based in the Midwest. 

Jonathan came to NRN in 2014 after seven years covering restaurants for Franchise Times Magazine and the Restaurant Finance Monitor. There, he created an award-winning blog that reported on and analyzed the restaurant industry. He is routinely quoted in various mainstream press articles, including the Associated Press, Washington Post, Orlando Sentinel, Denver Post and Yahoo! Finance.  He lives in a suburb of Minneapolis with his wife, two children and their cat.

Reach Jonathan at [email protected], or by phone at 651 633-6526.

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