Photo of Keith Kravcik

Keith Kravcik

Chief Financial & Investment Officer

Keith is currently the Chief Financial Officer and Chief Investment Officer of all of Cleveland Avenue LLC’s various Investment Funds. He has been at Cleveland Avenue since its inception in September 2015. In addition to his CFO responsibilities, Keith is responsible for identifying restaurant, food, and beverage concepts where Cleveland Avenue’s unparalleled resources and expertise will support the accelerated growth of those businesses and the people behind them.

Prior to Cleveland Avenue, he served as the Chief Financial Officer of Ovation Brands (d/b/a Buffet Inc.) from July 2013 to August 2015. Keith was responsible for all Finance, Accounting, Strategy, Legal, Human Resource, Purchasing and IT functions as well as executing strategies to reinvent the brand and successfully monetizing the brand for its shareholders. He previously served as Group Vice President, Controller and Corporate Officer of SUPERVALU Inc. between April 2011 and June 13 where he was the key strategic partner in developing financial and operational strategies to turnaround results and create shareholder value. This effort culminated in him becoming the strategy and financial resource lead during the completion of the $3.3B sale of underperforming retail grocery chains to the Cerberus Capital consortium.

Prior to SUPERVALU Inc, Keith spent 16 years at McDonald’s, where he held four progressive executive management positions including being responsible for all of Worldwide Financial Reporting as well as Strategy and Corporate Development when McDonald’s acquired Chipotle. He also became the CFO of Latin America where his strategies reversed losses by increasing sales over 100% in a three-year period, and ultimately the Corporate Vice President and Controller for McDonald’s USA, LLC., in which during his tenure, he developed company operated restaurant ownership and profit optimization plans which significantly improved operating margins and increased operating profits by $198mm in a three-year period.

Keith began his career at Ernst & Young where he worked his way up the audit ranks in the Chicago office during his eleven-year tenure. He studied at DePaul University, where he has a Bachelor of Science in Accounting degree and is a Certified Public Accountant.

Keith maintains several board positions on businesses within the Cleveland Avenue investment portfolio and advises several founders of entrepreneurial food and technology concepts. He has also served as a Board member of the Illinois CPA Society Technical Accounting Committee as well as having served on the Board of Directors of other not for profit organizations.