top of page

Dr. Joseph Penbera

Professional Listings and Affiliations.
Fulbright Scholars, Council for the International Exchange of Scholars, Washington, DC.
Financial Executives Institute, Morristown, NJ.
National Association of Forensic Economists, Mount Union, PA.
National Forensic Center, Princeton, NJ.
International Directory of Scholars, Harvard U. Press, Boston, MA.
California State University, Faculty Directory, Craig School of Business, CSU, Fresno, CA.


Education/Earned Degrees and Postgraduate Education.
Ph.D., The American University, Washington, D.C. 1973. Seckler Hudson Fellow.
University’s Nominee for The Leonard D. White Award in Economics and Policy.
MPA, The Bernard Baruch School of Business and Public Administration, City U. of New York, New York, N.Y., 1970. Bernard Baruch Fellow. BA, Rutgers U., New Brunswick, N.J. 1969. Scholarship in Athletics. Sophomore Class President.
Audit and Governance Program. Harvard Business School. 2003.
Senior Finance Officers Program. Harvard Business School. 1998
Investment Institute. Passed NASD, Series 7 Exam. Georgia. 1983.
Registered Public Accountant. State of Ohio. 1982.
Computer Programming. Regional Computer Center, MIT/Bowdoin. 1981.
Language and Culture. Universidad Ibero-Americana. Mexico City DF. 1978
Tech Forecasting and Demographic Analysis Methods. USDA, Graduate School. 1973-75.
Economic Analysis and Business Plans. EDI, World Bank. Washington, DC. 1973-4.


Current Employment and Leadership.
Chairman, Penbera Paris, LLC. 1983-present. (
Firm incorporated several predecessor research and consulting companies. Cited by Knight Kiplinger, editor/publisher, The Kiplinger Magazine, as “one of the best forecast economists in the U.S.” Have provided more than 200 consultancies, professional opinions, and economic analyses accepted in Federal, State, local and international jurisdictions. Apply sophisticated economic and forensic modeling and latest data sources to determine valuation and loss estimates, including for income, household services, medical, and property, and under varying circumstances.


Clients have included:​

  • Amtrak American Planning Association

  • Baker, Manoch, & Jensen Law Firm California Eye

  • California Bank and Trust CBS

  • Central Valley Chrysler Jeep Cholakian Law Firm

  • City and County of Fresno City of MIami Beach

  • Commercial Realty Associates Community Hospitals of Central CA.

  • Consortium of White House Cabinet Agencies

  • County of San LUis Obispo Davis and Winston Law Firm (Los Angeles)

  • Deloittle and Touche Dunion Law Firm

  • Dunavant Farmer’s Insurance

  • Federated/Macy’s Stores Foster Farms

  • The Hartford Industrial Indemnity

  • Kingsburg Chamber of Commerce Lance Kashian, Inc.

  • McCormick Barstow Law Firm National Association of Manufacturers

  • NBC Universal Ohio Securities Commission

  • Oren Paboojian Law Firm Overstreet & Associates Law Firm

  • Port of San Diego Producer’s Dairy

  • Provident Prudential

  • Republic of Brasil Ruiz Foods

  • San Francisco Law Center San Francisco Giants /AAA Affiliate

  • Spencer Enterprises Snap-On Tools

  • Strickland, AG (Switzerland) U. of Miami Medical School

  • Westamerica Bank World Bank/EDI

  • U.S. Dept. of Commerce U.S.Dept. of Education

  • U.S. Dept of Labor UNDP

Prepare comprehensive business plans and job creation studies employing sophisticated econometric modeling techniques – including IMPLAN (MIG) and RIMS II (BEA) analyses- accepted by government agencies. Prepare economic benefits and outputs studies integrating many government, university, and proprietary data bases. Chairman of the California Energy Investment Center (CEIC), a USCIS designated EB5 Regional Center engaged in funding alternative energy projects in eleven counties of California. General Partner for project limited partnerships formed in the fields of energy production and commercial real estate. Principal in a forming investment banking firm under a joint venture agreement with Broad Oak Management which has offices in New York, Texas and Asia.

Senior economist to the California Consortium for Agricultural Export (CCAE) engaged in funding farming, equipment manufacture, and winemaking projects in Central California, and have provided hundreds of professional opinion letters for investors from many countries accompanying I-526 and I-829 petitions. 

Chairman of the Greater Houston Investment Center (GHIC), a newly forming EB5 Regional Center based in The Woodlands, Texas, known as the finest new town in the U.S. GHIC’s commercial real estate projects are exclusive to Lucias Oaks and its partner firms.

Chairman of the Coastal California Film Center (CCFC), a newly forming EB5 Regional investment center to be based in Los Angeles and Fresno engaged in the production of wholesome “family” entertainment under contracts with Elephant Walk Entertainment and Autry Entertainment Group film production companies.

Serve on professional panels such as the FEI Internal Controls Task Force, and the Research Panel, Corporate Board Member Magazine, and as a designated “financial expert” under NYSE and SEC regulations promulgated under Sarbanes Oxley. Have worked with a variety of news organizations, including CBS and NBC Nightly News, The Los Angeles Times, The Miami Herald, The Fresno Bee, and as a featured commentator for KMJ-580 Radio one of the largest talk-listening stations in the U.S..

Professor, former Dean, Eaton Fellow of Economics, and Senior Fulbright Scholar in Economics, Craig School of Business, California State U., Fresno, California, 1985-present. Teach/conduct research in the MBA, Executive MBA and undergraduate programs, and, principally, in the areas of strategic management. MBA Business Plans Advisor. 

Appointed Senior Fulbright Fellow in Economics in 2004, one of the most highly regarded scholarly distinctions in the U.S.

Recent research and publications:

“A Comparative Analysis of Implan and RIMS II Econometric Modeling of Job Creation and Capital Investment As Applied to EB5 Investment Projects”, Global Finance Innovative Capital Track, May 2012. “The Case for Alternative Energy and Job Creation”, Monograph in support of Chrysler versus The California Air Resources Board, 2011. “What Lead Directors Do”, MIT/Sloan Management Review, Volume 50, No. 4, 2009.

Past Employment Experience:
Director and Audit Committee Chairman, Rug Doctor, Inc. 1987- 2008.

The leading cleaning machine and related chemicals company in the U.S with more than 33,000 locations.

The company was sold to American Capital, Ltd. , Bethesda, MD. (ACAS-NASDAQ).

Lead Director and Audit Chairman, Gottschalks, Inc. (GOT-NYSE). 1987- 2009.
Senior Economist. Westamerica, Regency, and California Bank and Trust. 1994-2000
Director and Audit Chairman, Blast Energy Services (BESV-OTC), Houston, Texas. 1999 -2009.

Founded the predecessor company,, a controlling interest in which was sold to BergMcAfee.

Companies, Cupertino, CA.

Consultant to White House Consortium of Cabinet-Level Agencies, U.S. Department of
Commerce, U.S. Office of Education, Federal Executives Institute. Washington, D.C. 1990-1994.

Director, Vendo, Intl, Inc. The leading vending machine manufacturer in the world at that time. (VEN-NYSE). 

Fresno, CA and Casale, Italy. 1986-88. The company was sold to the Sanden Company, Tokyo, Japan.

Dean and Professor, Franklin College of Business and Public Administration, Columbus, Ohio. 1981-1985.

Assistant to the Provost and Dean of Faculties, Associate Professor, Head of The International Tech Transfer and Contracts Team, U. of Miami, Fla. Miami, FL. 1978-81.

Chairman, The Baruch Company, and Senior Consultant, Planning Secretariat, Office of the President of Brasil. 

Scranton, PA, and Porto Alegre and Rio de Janeiro, Brasil. 1975-78.

Director, International Programs Department, and Head of the Futures, Technology and Forecasting Programs, USDA Graduate School, Washington, D.C., 1972-75.

bottom of page