Board of Directors

John W.S. Preston

John W.S. Preston has over 30 years of successful shopping center development and investment experience throughout North America. He was the founder of the North American Development Group of Companies, which is one of the largest private developers and acquisitors of retail shopping centers in North America. He was also a founding partner of Centrecorp Management Services, which has become one of the largest private retail service providers in the United States and Canada. In addition, Preston was co-founder and executive director of Centrefund Realty, a $1.1 billion Toronto Stock Exchange listed public company that, over a six-year period until it was sold in 2000, grew from a portfolio of five properties to over 70 shopping centers. Over the past few years, he co-founded two acquisition funds in the United States and one acquisition fund in Canada, comprising of more than $250 million of equity. In 2007, Preston co-partnered the privatization of Sterling Centrecorp, Inc. in a $280 million transaction.

Peter Gerhard

Peter Gerhard is the Managing Partner & Chief Investment Officer of G Capital Management, a discretionary global macro hedge fund. He was a founding investor in Intervention Energy, LLC where Mr. Gerhard serves on their Advisory Board. He serves on the Advisory Board of Hackensack University Medical Center and is on the Board of Trustees of his alma mater, Bucknell University. Mr. Gerhard built his trading and investing career at Goldman Sachs from 1983-2006 where he was a Partner Managing Director from 1994-2006. He actively traded and managed risk allocations across Goldman Sachs Global Macro Proprietary trading businesses which included Global Foreign Exchange, Emerging Markets in Latin America, Global Government Bonds & Interest Rate Swaps & Money Markets.

Steven Fassberg
Founder and Chief Executive Officer, Brooklyn Water Enterprises, Inc.

Steven Fassberg has been a finance and mortgage professional for over 25 years. He also simultaneously opened, developed and sold an array of impressive restaurant concepts and delicatessens from 1984 until 2002. He began baking bagels at the age of 13 in Massapequa, N.Y., and has owned numerous New York-style deli restaurants, steakhouses, and sports cafes during his career. Fassberg began developing the concept for real Brooklyn water bagels in June 2004, and has been working diligently full time for the last seven years on the development of the franchise model, menu items, operating procedures and food delivery systems. He has fully tested every aspect of the operational franchise model, and has had the benefit of some of the best and brightest minds in QSR who have helped shape the model to perfection. His vision for The Original Brooklyn Water Bagel Co. ® franchise model is derived from 25 years of experience in the worlds of restaurant and finance.