Carlos Herrera y Luna (1856–1930) was acting President of Guatemala from 15 April 1920 to 15 September 1920 and President of Guatemala from 16 September 1920 until 10 December 1921.
As a business man, he developed Pantaleón Sugar Mill as a recognized industry, and also bought El Baul Sugar Mill in the early 1900s. Pantaléon Sugar Holdings, is today one of the top 10 sugar companies in América, with mills in Central and South América.
Herrera was deposed in a coup, led by José María Orellana, in July 1921. He subsequently went into exile in France.