Graef Crystal
Encyclopedia
Graef "Bud" S. Crystal is an expert on executive compensation
, often cited as a critic of excessive packages.
He started work as an executive compensation consultant in 1959. He worked for twenty years at the consulting firm Towers Perrin
, and also taught at the Haas School of Business
. He advised on pay at Coca-Cola Company and American Express
.
He has authored books on executive compensation as both an advisor and critic. He wrote a column on Bloomberg
, and now publishes on his own website.
Executive compensation
Executive pay is financial compensation received by an officer of a firm, often as a mixture of salary, bonuses, shares of and/or call options on the company stock, etc. Over the past three decades, executive pay has risen dramatically beyond the rising levels of an average worker's wage...
, often cited as a critic of excessive packages.
He started work as an executive compensation consultant in 1959. He worked for twenty years at the consulting firm Towers Perrin
Towers Perrin
Towers Perrin was a professional services firm specialising in human resources and financial services consulting, which merged in January 2010 with Watson Wyatt to form Towers Watson...
, and also taught at the Haas School of Business
Haas School of Business
The Walter A. Haas School of Business, also known as the Haas School of Business or simply Haas, is one of 14 schools and colleges at the University of California, Berkeley....
. He advised on pay at Coca-Cola Company and American Express
American Express
American Express Company or AmEx, is an American multinational financial services corporation headquartered in Three World Financial Center, Manhattan, New York City, New York, United States. Founded in 1850, it is one of the 30 components of the Dow Jones Industrial Average. The company is best...
.
He has authored books on executive compensation as both an advisor and critic. He wrote a column on Bloomberg
Bloomberg L.P.
Bloomberg L.P. is an American privately held financial software, media, and data company. Bloomberg makes up one third of the $16 billion global financial data market with estimated revenue of $6.9 billion. Bloomberg L.P...
, and now publishes on his own website.
Books
(Not an exhaustive list)- 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)