Watershed Group Executives

	Charlie Foster Mr. Foster has 30 years experience in multiple restaurant industry segments with corporate, franchise, management contract, and joint venture affiliations. He has served in various executive roles and proven his ability to achieve growth without compromising service. He has turned around underperforming assets and accumulated extensive operations experience including support disciplines in human resources and training, marketing, development, and franchising. He has a strong background in financial management, budgeting, and performance measurement. Mr. Foster has also served as lecturer at the University of North Texas School of Merchandising and Hospitality Management. Most recently Mr. Foster was a Regional Vice President of Operations for the Romano’s Macaroni Grill brand, which is owned by Brinker International. In this role, he was charged with leading a team of hospitality professionals to successfully operate up to 130 restaurants spread across the eastern United States. This was done with the assistance of 3 Regional Directors and a Director of Operations Services. Using a balanced scorecard approach to measuring and improving results, this team was able to improve results across all of the Key Performance Indicators (KPIs). Optimizing the total labor expense (largest category in most restaurant P&Ls) was a key focus for the team, while also ensuring that staffing was correct for the Guest experience. Brinker International project assignments included operations technology task force, capital project allocation team, and a franchise development task force. Prior to Brinker International, Mr. Foster was a Lecturer at the University of North Texas while he earned his Masters degree. He taught four different classes over his tenure – Restaurant Operations I, Restaurant Operations II, International Travel and Tourism, and Internship in Hospitality Management. Mr. Foster was also responsible for leading the students in the operation of the student run restaurant – The Club at Gateway Center. As a graduate student, he was awarded the “Outstanding Graduate Student in Hospitality Management” in 2005, achieved a 4.000 GPA, and was a member of Eta Sigma Delta Honor Society. Mr. Foster was Chief Operating Officer (COO) for Café Express LLC in Houston Texas, where he was responsible for the day-to-day operations of 15 quick casual restaurants featuring fresh, handmade food in an urban setting He led and developed a team including three District Managers, Director of Food and Beverage, Director of Human Resources and Training, and Manager of Procurement. From 1990 to 2002, Mr. Foster was employed by the restaurant division of Carlson Companies Worldwide – TGI Fridays, Carlson Restaurants International and Country Kitchen International. Roles included Senior Vice President of International Operations, Senior Vice President of Development, President of Country Kitchen International, Vice President of Operations - Midwest Division, Franchise Consultant, and Fast-track General Manager. Mr. Foster was a District Manager for Showbiz Pizza Time (now Chuck E. Cheese’s) for 3 years in the Texas and Southern California markets. He began his management career with Bennigan’s of the S&A Restaurant Group, Rising to the position of multi-unit supervisor with 4 years of entering the industry. Throughout his career, Mr. Foster has focused on building relationships with individuals and high performance teams with these people. He believes that lavish communication, tied to individual coaching is critical for success. Mr. Foster believes in action - Identify and analyze the issue, determine a plan of action, and then bring the plan to life as soon as possible. Mr. Foster received a Bachelor of Science degree in Food Science and Technology from Texas A&M University in College Station, Texas, as well as a Master of Science degree from the University of North Texas in Denton, Texas. He also attended the Kellogg Management Institute at the Kellogg School of Management in Evanston, Illinois.
	William F. Herzog
	Charlie Anderson
	Gordon T. Diachenko