Age, Biography and Wiki

Stephen Herbits was born on 13 March, 1942, is an American businessman. Discover Stephen Herbits's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 82 years old?

Popular As N/A
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Age 82 years old
Zodiac Sign Pisces
Born 13 March 1942
Birthday 13 March
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Nationality

We recommend you to check the complete list of Famous People born on 13 March. He is a member of famous businessman with the age 82 years old group.

Stephen Herbits Height, Weight & Measurements

At 82 years old, Stephen Herbits height not available right now. We will update Stephen Herbits's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

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Stephen Herbits Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Stephen Herbits worth at the age of 82 years old? Stephen Herbits’s income source is mostly from being a successful businessman. He is from . We have estimated Stephen Herbits's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
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Source of Income businessman

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Timeline

1942

Stephen E. Herbits (born March 13, 1942) is an American businessman, former consultant to several Secretaries and Deputy Secretaries of Defense, advisor to the Edgar M. Bronfman family, executive vice president and corporate officer of the Seagram Company, advisor to the President's Advisory Commission on Holocaust Assets, and secretary general of the World Jewish Congress.

He was the youngest person to be appointed commissioner on the Gates Commission (All-Volunteer Armed Force).

Herbits' career has specialized in "fixing" institutions – governmental, business, and not-for-profit – with strategic planning and management consulting.

Son of Nathaniel and Esther Herbits of Pittsfield, Massachusetts.

1964

Herbits earned his AB from Tufts in 1964 and his JD degree from Georgetown University Law Center in 1972.

He has lived in Boston, D.C., Geneva, New York City, Tokyo, London, Seoul, Miami, and currently resides in Western North Carolina.

1966

After college and prior to starting law school, Herbits worked as research assistant for Massachusetts Attorney General Edward Brooke's successful campaign for the U.S. Senate (1966).

1967

In 1967, Herbits was hired as a Congressional staffer in Washington.

It was there that Herbits developed his work on addressing the inequities of the military draft.

His work on Capitol Hill led to his providing research and editorial assistance to the publication of "How to End the Draft – The Case for an All-Volunteer Army".

The book received national and international attention and subsequently, Herbits was appointed to the President's Commission on An All-Volunteer Armed Force (Gates Commission).

Herbits was the youngest Commissioner to receive the appointment, being only 27 years of age.

He served alongside noted economists Milton Friedman and Alan Greenspan.

Subsequently, hired as the special assistant to the Assistant Secretary of Defense of Manpower and Reserve Affairs in the Department of Defense, he helped implement the transition to an All-Volunteer Armed Force at the senior level.

1969

On several occasions between 1969 and 1977, Herbits did project work with one of the earliest political consulting firms in the country – Bailey, Deardourff.

1974

He also authored the study (1974) which gave the acting Secretary of Defense the information used to reverse Army decisions deliberately undermining achieving the All-Volunteer Force.

In 1974, following his work as special assistant at the Department of Defense, Herbits was hired by Donald H. Rumsfeld, then chief of staff to President Gerald Ford.

Following his role in the Presidential Personnel Office, he moved to Geneva as Counsel to the Head of the US Delegation to the Multilateral Trade Negotiations (then GATT) in the Office of the Special Representative for Trade Negotiations.

1976

In 1976 he moved back to the Pentagon under Rumsfeld.

Herbits was named The Special Assistant to the Secretary and Deputy Secretary of Defense, a position equivalent to other departments' Chief of Staff.

While employed in the private sector, Herbits was called back to public service several times.

1977

In 1977, Herbits was hired by the spirits and wine company, Seagram Company Ltd., a Fortune 150 Corporation.

He was tasked with developing and implementing strategies for various subsidiaries.

Between 1977 and 1983, Herbits held many positions in the company, including vice president of Seagram Overseas Sales Company in Tokyo, vice president of Seagram Europe in London, president of Browne Vintners in New York, and president of Seagram Wine Company in the United States.

1981

In 1981, he served as an unpaid consultant to assist in transitions for Secretary of Defense Caspar Weinberger, in 1989 for Secretary of Defense Dick Cheney, and then again in 2001 for Secretary Donald Rumsfeld.

During these transitions, Herbits developed job requirements and objectives for key Department of Defense Presidential Appointments and helped recruit and screen candidates.

1983

In 1983, Herbits was promoted to vice president of corporate development and then promoted again in 1986 with the added role of external affairs.

During this period, Herbits, in the additional role of chef de cabinet to Seagram Chairman and President of the World Jewish Congress, Edgar M. Bronfman, helped prepare for and traveled to meetings with world leaders.

"He [Herbits] sat at the intersection of Mr. Bronfman's corporate, World Jewish Congress and other philanthropic roles."

Herbits became a corporate officer and

1985

In 1985, while Herbits was vice president of corporate development at Seagram, a hefty tax was raised on liquor, significantly widening the gap with taxes for other beverage alcohol.

In response, Herbits led a campaign known as "Equivalence" to educate consumers that a 12 oz can of beer, 5 oz glass of wine and a 1 1⁄4 oz shot of spirits all contain the same kind and amount of alcohol.

This campaign received national and international media attention and was successful as the gap began to close during the years that followed.

On retirement, Herbits formed The Herbits Group, LLC as a business consulting entity.

In that capacity, he has worked for several domestic and international companies, the RAND Corporation, and the Department of Defense.

1989

an executive vice president of corporate policy and external affairs from 1989 to his retirement in 1997.

2001

Rumsfeld brought Herbits back to the Department of Defense immediately following the attacks of September 11th, 2001 to work on, among other tasks, special projects regarding internal mission development and organizational change as a result of the attacks.

In this context, Herbits helped design and create a system of civilian review and succession planning for senior military officers, a project subsequently studied and published by the RAND Corporation.

2004

In addition to his return to the Pentagon on several occasions through early 2004, Herbits became a vocal proponent of Hillary Clinton and donated to her 2000 and 2006 Senate campaigns and her 2004 and 2016 presidential campaigns.

He was selected to serve on Clinton's Lesbian Gay Bisexual Transgender Task Force, a steering committee that recruited many of the most powerful LGBT citizens in the nation.