Carl D. Herbein
President and Founder, Herbein Consulting, Inc.

Carl D. Herbein is the President and Founder of Herbein Consulting, Inc., which is considered one of the nation’s leading advisory and consulting firms to Dairy Product Companies. Mr. Herbein has over 35 years of experience as an accounting and consulting professional. He is the Partner-in-charge of services for all dairy clients currently serviced by Herbein Consulting. Mr. Herbein is also the Founder, President and CEO of Herbein + Company, Inc. Founded in 1974, Herbein + Company is a Reading, PA based professional services firm which provides accounting, auditing, tax preparation and consulting services to businesses and individuals throughout the state of Pennsylvania.

Since 1975, Mr. Herbein has developed significant and specialized expertise in providing growth advisory, performance monitoring, and merger & acquisition services to family-owned, dairy products companies. Mr. Herbein has performed the feasibility and accounting work for numerous successful dairy mergers and currently leads the firm’s engagements in industry consolidation, including due diligence, valuation, and consolidation benefit analysis as it relates to the dairy industry. Throughout his career, he has personally visited and provided services to more than 150 dairy food companies throughout the United States.

Mr. Herbein has also performed other special projects for dairies including: product cost analysis, route accounting and profitability analysis, by-product and excess butterfat cost analysis, buy-sell arrangements, labor contract negotiations, hauling cost analysis, plant shrink studies, delivery cost studies, market price analysis, cost benchmarking projects, business valuations, Federal Trade Commission analysis, and dairy financial reporting design.

Mr. Herbein has spent more than 13,000 hours in personally preparing for and testifying at over 120 Pennsylvania Milk Marketing Board price hearings between 1976 and 2007. He has presented accounting and financial related topics at numerous Pennsylvania Association of Milk Dealers conventions, All Star Dairy national conventions, Quality Chekd Dairies national conventions, Master Dairies national conventions, New York State Dairy Foods, Inc. annual meetings, and International Association of Milk Control Agencies annual meetings. Additionally, he performed dairy cost accounting litigation support engagements for the state of New Jersey, Department of Agriculture, and performed dairy cost accounting engagements for the state of Colorado.

Mr. Herbein is a well-known speaker and has published numerous articles on various topics related to the Dairy Industry. He also developed and presents the annual "Dairy Cost Accounting Workshop" for the International Dairy Foods Association.

Mr. Herbein holds a Bachelor of Science in Accounting from Elizabethtown College. He is a licensed CPA in the Commonwealth of Pennsylvania; Member, American Institute of CPAs, and served on the Council from 1990 until 1991; Member, Pennsylvania Institute of CPAs and served as President from 1988 until 1989; Firm Member of PKF North American Network and served on the Board of Directors from 1993 until 1994; and past Chairman of the Reading Redevelopment Authority from 1992 to 1998 and served on the Board of Directors from 1984 until 1998.

Mr. Herbein is a also a Board Member of the Greater Berks Development Fund, Berks County Convention Center Authority, Berks County Chamber of Commerce, Berks Economic Partnership, Elizabethtown College, and the Berkshire Country Club. Mr. Herbein resides in Reading, PA and was awarded the 2006 Eugene L. Shirk Community Builder Award.

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