Graef "Bud" S. Crystal was an expert on
executive compensation
Executive compensation is composed of both the financial compensation (executive pay) and other non-financial benefits received by an executive from their employing firm in return for their service. It is typically a mixture of fixed salary, variab ...
, often cited as a critic of excessive packages.
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He started work as an executive compensation consultant in 1959.
[ He worked for twenty years at the consulting firm ]Towers Perrin
Towers Perrin was a professional services firm specializing in human resources and financial services consulting, which merged in January 2010 with Watson Wyatt to form Towers Watson. The firm was a provider of reinsurance intermediary services a ...
, and also taught at the Haas School of Business
The Walter A. Haas School of Business, also known as Berkeley Haas, is the business school of the University of California, Berkeley, a public research university in Berkeley, California. It was the first business school at a public university i ...
.[ He advised on pay at ]Coca-Cola Company
The Coca-Cola Company is an American multinational beverage corporation founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, ...
and American Express
American Express Company (Amex) is an American multinational corporation specialized in payment card services headquartered at 200 Vesey Street in the Battery Park City neighborhood of Lower Manhattan in New York City. The company was found ...
.
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He authored books on executive compensation as both an advisor and critic. He wrote a column on Bloomberg Bloomberg may refer to:
People
* Daniel J. Bloomberg (1905–1984), audio engineer
* Georgina Bloomberg (born 1983), professional equestrian
* Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and ma ...
, and subsequently published on his own website.
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Selected works
*''Compensating U.S. Executives Abroad'' (1972)
*''Executive Compensation: Money, Motivation, and Imagination'' (1978)
*''Financial Motivation For Executives'' (1978)
*''Questions and Answers on Executive Compensation: How to Get What You're Worth'' (1984)
*''In Search of Excess: The Overcompensation of American Executives'' (1991)
References
External links
The Crystal Report on Executive Compensation
{{DEFAULTSORT:Crystal, Graef
Year of birth missing (living people)
Living people
American business writers
Haas School of Business faculty