Chairman, Chief Executive Officer, and President
Derek Peterson is the CEO of Terra Tech Corp. and a hardworking and versatile entrepreneur with a proven track record of success. He began his career in finance with Crowell, Weedon & Co, the largest independent broker- dealer on the West Coast. In his 6 years there, Derek became a partner and Branch supervisor where he was responsible for sales of over $10 million. Derek was offered an opportunity to build a southern Orange County presence for Wachovia Securities, where he became a 1st Vice President and Branch Manager in Mission Viejo. After leaving Wachovia, Derek accepted an opportunity as a Senior Vice President at Morgan Stanley Smith Barney, where he and his team oversaw combined assets of close to $100 million. Derek is a CFP® Professional and holds his Series 7, General Securities Sales Supervisor Series 9 and 10, National Commodity Futures Series 3, Series 65 and California Insurance License.
Derek has worked with governmental agencies and tax authorities in Oakland on an ongoing basis. Derek also has experience working with people at the SEC regarding issues surrounding the publicly traded company (TRTC).
As a medical marijuana patient, Derek is attune to the needs of the patient community. Terra Tech’s decision to operate MediFarm, and apply for medical marijuana establishment licenses in Nevada, is a result of the compassion he feels for patients with ailments or chronic pain who are unable to find relief using traditional medicine. Derek holds a degree in Business Management from Pepperdine University.
Chief Operating Officer and Director
Ken brings a wealth of leadership and strategic vision to the publicly traded urban agricultural company Terra Tech Corp, (TRTC). In nearly two decades of experience in the agriculture and growing business, Ken demonstrated proven success across multiple business channels including operations, finance, sales and marketing. He helped launch Naturally Beautiful Plant Products (NB Plants), which remains one of the leading floral growers and wholesale suppliers in the Northeast. More recently, he co-founded Edible Garden®, a TRTC division primarily specializing in the growth of leafy greens, herbs and produce. Under his leadership, all divisions have seen more than 20% revenue growth annually.
Ken’s vast knowledge of the industry’s latest growing methods—and a keen understanding of pitfalls and challenges—allows him to ensure best practices within all facets of the Terra Tech organization, including operational controls, administrative and reporting procedures, and personnel systems. His energetic management style has strengthened a tireless commitment to cutting-edge research to not only improve Terra Tech’s growing processes, but increase sustainability within the corporation and the global industry. Through his knowledge of groundbreaking technology and innovation historically associated with Dutch growing methods, Ken has also pioneered a remarkable change with medicinal cannabis cultivation within a controlled greenhouse environment. Ken studied business management and finance at Montclair State University.
Director, Secretary and Treasurer
Mike Nahass has been working with Derek Peterson since their time together at Morgan Stanley. He has been instrumental in the start-up operations of Terra Tech and he continues to manage the daily activities of Terra Tech. Since August 2011, Mike has also served as Managing Director of Arque Capital, Ltd.
Mike’s prior experience includes serving as Chief Portfolio Manager of the NMS Platinum Funds, LLC. and from September 2009 until August 2011, he was a Partner, and served as Managing Director/COO of, NMS Capital Asset Management, Inc.
Mike worked for Morgan Stanley from February 1995 until June 2009 in various positions, including his last position as Senior Vice President and Complex Manager, where he directly managed over 200 financial advisors with approximately $20 billion in assets under management in Las Vegas, NV. With over 20 years of financial services experience, he has been and is responsible for private client services, business development, regulatory compliance and strategic development.
Mike holds a B.S. in Business Administration from Fairleigh Dickenson University. In addition he also holds NASD Series 3 (National Commodity Futures), Series 7 (General Securities Representative), Series 8 (Supervisory), Series 31 (Managed Futures), Series 65 (Investment Advisor Representative), Series 79 (Investment Banking) licenses.
Mr. Ross has over 30 years of senior management experience, ranging from high growth private companies to multi-billion dollar divisions of public enterprises. His experience also includes service on numerous public and private Boards. He is known as a problem solver who has demonstrated leadership and consistent results in challenging business situations across multiple industries. Mr. Ross has been CEO of Ecolane since June, 2013. Ecolane is a Helsinki, Finland-based software company providing disruptive, specialized software and support services for transportation scheduling, dispatching and tracking. US operations are headquartered in Wayne, PA, where the company supports statewide contracts in PA, NE, NC and OH and numerous state and local transportation agencies throughout the country. Ecolane was acquired by National Express PLC, a British publicly-traded leading international transportation company, in June, 2016, generating greater than 500% returns for Ecolane’s investors.
Prior to leading Ecolane, Mr. Ross was a Managing Director at MTN Capital Partners, a New York-based Private Equity firm, and Managing Partner of Belcourt Associates. Previously, Mr. Ross was CEO of National Investment Managers from 2006 until its sale to a Private Equity firm in 2011. Under Mr. Ross’ leadership, the company became the largest independent retirement services company in the country with over $11 billion in assets under administration and operations in 17 cities in the United States. Between 2001 and 2006, Mr. Ross served as Chairman and CEO of DynTek. During his tenure he successfully transitioned the company from a $5 million software development company to a leading provider of information technology services with annual revenues of over $100 million. From 1998 to 2001, Mr. Ross was Vice President and General Manager of the Computer Systems Division of Toshiba America with overall responsibility for Toshiba’s $3 billion computer business in the US and South America. Prior to joining Toshiba, from 1996 to 1998, Mr. Ross served as President & General Manager – Computer Reseller Division and President of Corporate Marketing at Inacom, a $7 billion Fortune 500 provider of computer products and services. Prior to his employment at Inacom, Mr. Ross served as Senior Vice President, Sales & Business Development, for Intelligent Electronics. Mr. Ross has also held senior management positions at Dell Computer Corporation and PTXI/Bull HN Information Systems. Mr. Ross has served as Vice-Chairman of the Board of the Computing Technology Industry Association (COMPTIA) and on the board member of the US Internet Industry Association (USIIA). He also served on the Board of the National Cristina Foundation, and as a member of the Harvard Club or Orange County and the Harvard Business School Association of Orange County.
He is an active alumnus of Harvard University and a graduate of the Advanced Management Program at Harvard Business School. Steve has appeared as an industry and corporate spokesperson in numerous business and trade publications and events and was named #14 in Smart Reseller’s annual listing of top 50 computer industry executives.
|Governance and Nominating Committee||Chair|
Mr. Krueger has over 48 years of experience in the financial industry, having co-founded Canterbury Consulting in 1988 and served as its Chairman of the Board, Chief Financial Officer, and Head of Compliance. Canterbury Consulting is an investment office for foundations, endowments, healthcare organizations, religious organizations, and corporate plans, overseeing more than $14 billion in funds.
He has extensive experience making strategic, financial and capacity decisions in multiple contexts. He also held roles at Dean Witter & Company, a former stock brokerage firm, and IBM. He holds a degree in Marketing from the University of Wisconsin, Madison, completed graduate work at the University of Southern California, and served in the U.S. Coast Guard Reserves until 1972.
|Governance and Nominating Committee||Member|