Hydrow® Appoints John Stellato as Chief Financial Officer and Director of Investor Relations
BOSTON, May 19, 2022 (GLOBE NEWSWIRE) — hydrow® the first home-connected rower that brings the on-water experience of rowing directly to the home, today announced that John Stellato has been named Chief Financial Officer and Chief Investor Relations Officer. Stellato brings extensive strategic expertise in Financial Services, Industrials/Retail and M&A, including many years leading investments across all sectors as Vice President Executive of The Pritzker Organization, LLC (TPO). In this dual role, Stellato will lead Hydrow’s fundraising efforts and capital structure, oversee all financial activities and manage the organization’s investor relations.
“John’s incredible experience and deep industry knowledge make him an ideal candidate for this dual role,” said Bruce Smith, Founder and CEO, Hydrow, Inc. “His expertise, financial acumen and Longstanding relationships within the investment community will play a vital role as Hydrow continues to set a new standard for growth and execution in the world of connected fitness.”
Founded in 2017, Hydrow offers an immersive full-body workout in half the time of cycling and running. More than an exercise machine, Hydrow offers live and on-demand workouts led by world-class athletes that transport users to breathtaking destinations including London, Seville, Miami and Boston.
“As today marks my official entry into the Hydrow leadership team, I have been part of the Hydrow community for years now, having purchased my own Hydrow in 2019,” said John Stellato. “As a member, I was moved by the power of community and have admired the company ever since. It is an organization that has proven itself in the dynamic landscape of the connected fitness industry. They are ultimately transforming the way the world views fitness and overall health, and it is an honor to have the opportunity to work with Bruce and the team as we move together into the next phase of growth. and success of Hydrow.”
Most recently, Stellato served as President and CEO of LOYAL3, an online brokerage and investment platform, and prior to that, he served as Executive Vice President of the Pritzker Organization, where he worked for nearly 20 years. He has held strategic leadership positions at numerous private companies, including SMG, Baker Tanks, Purch, Business.com and Volan Technologies. Prior to TPO, John held positions at Goldman Sachs and the Boston Consulting Group.
For more information and updates on Hydrow, visit https://hydrow.com/.
Hydrow is the first home-connected rower that leverages innovative technology to bring the experience of outdoor rowing to the water at home. Designed by elite rowing experts, Hydrow recreates the feeling of rowing directly on the water via an electromagnetic, computer-controlled drag mechanism based on a patented algorithm. World-class athletes guide users through challenging rows that engage 86% of the body’s major muscle groups, twice as many as cycling or running, while On the Mat workouts from rowing, yoga to Pilates and to strength training, supplement users’ rowing regimen. With the ability to harness the visual, auditory, and emotional components of rowing, the Connected Fitness Rower delivers a top-notch complete workout.