Girish Mahajan (Editor)

&pizza

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Covid-19
Number of locations  20
Website  www.andpizza.com
&pizza Washington DC Neighborhood Charm amp Variety at H amppizza Serious Eats
Founded  Washington, DC (2012 (2012))

&pizza is a fast-casual pizza brand headquartered in Washington, D.C. Founded in July 2012 by Michael Lastoria and Steve Salis, &pizza opened its first store in the H Street Corridor of Washington, D.C. In February 2015, the company announced it had received a $10-million investment for growth and expansion. In November 2016, &pizza announced its plans for rapid expansion into several new markets, including New York City, using $25 million in growth capital funded largely by AVALT Capital, a Boston-based investment firm. &pizza has 300+ employees referred to as tribe members.

Contents

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Operation and distribution

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As of November 2016, &pizza owns and operates 20 locations in Washington, D.C., Maryland, Northern Virginia and Philadelphia, Pennsylvania. Co-Founder Michael Lastoria serves as the CEO of the company.

Corporate Management

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The top management team consists of the Chief Executive Officer and the Chief Financial Officer. Six individuals currently sit on the board of directors including: Sandy Beall, founder and former longtime CEO of Ruby Tuesday; Joe Farina, former partner at Fireman Capital Partners; Edward Albertian, former CEO of City Sports Inc.; and John Barton, operating partner with the private equity group LNK Partners.

Fair wage

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The company is a member of Business for a Fair Minimum Wage in Washington D.C.. In June 2016, &pizza raised wages in D.C. to $11.75 an hour to surpass the District of Columbia's minimum wage. In Maryland and Pennsylvania, &pizza opened its first Baltimore and Philadelphia locations opting for a starting hourly pay of $10.50, above Maryland's $8.25 minimum and Pennsylvania’s $7.25 minimum.

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On June 27, 2016, D.C. Mayor Muriel Bowser signed the Fair Shot Minimum Wage Amendment Act of 2016 at &pizza’s Columbia Heights shop. The bill would increase the hourly wages of more than 100,000 D.C. workers. In November 2016, at their Chinatown shop, &pizza hosted a roundtable with United States Secretary of Labor Thomas Perez and United States Deputy Secretary Chris Lu to discuss the benefits and necessity of raising the minimum wage to a fair wage both in D.C. and nationwide.

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References

&pizza Wikipedia


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