Graef Crystal

Graef "Bud" S. Crystal was an expert on executive compensation, often cited as a critic of excessive packages.

{{cite web

|url = https://www.pbs.org/newshour/bb/business/july-dec02/ceo1_12-02.html

|title = Executive Excess

|first = Paul

|last = Solman

|date = 2 December 2002

|work = The NewsHour with Jim Lehrer

|publisher = Public Broadcasting Service

|access-date = 26 August 2010

|archive-date = 26 August 2010

|archive-url = https://web.archive.org/web/20100826000407/http://www.pbs.org/newshour/bb/business/july-dec02/ceo1_12-02.html

|url-status = dead

}}

{{cite web

| url = http://news.cnet.com/Laughing-all-the-way-to-the-bank/2008-1082_3-888996.html

| title = Laughing All the Way to the Bank

| first = Margaret

| last = Kane

| date = 23 April 2002

| publisher = CNet News

| access-date = 26 August 2010

}}

{{cite web

| url = https://www.nytimes.com/2003/08/17/business/bulletin-board-at-the-top-pay-and-performance-are-often-far-apart.html

| title = At the Top, Pay and Performance Are Often Far Apart

| author = Hubert B. Herring

| date = 17 August 2003

| work = New York Times

| access-date = 26 August 2010

}}

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.

{{cite web

| url = https://www.bloomberg.com/news/2010-05-06/cbs-overpaid-leslie-moonves-28-million-in-study-of-executive-compensation.html

| title = CBS Overpaid Moonves $28 Million, Says Study of CEO Pay

| author1 = Jessica Silver-Greenberg

| author2 = Alexis Leondis

| date = 6 May 2010

| publisher = Bloomberg.com

| access-date = 26 August 2010

}}

He authored books on executive compensation as both an advisor and critic. He wrote a column on Bloomberg, and subsequently published on his own website.

{{cite web

| url = http://www.siliconbeat.com/2008/09/24/graef-crystal-bailout-and-executive-pay-limits-are-both-bad-ideas/2008-1082_3-888996.html

| title = Graef Crystal: Bailout and executive pay limits are both bad ideas

| first = Chris

| last = O'Brien

| date = 24 September 2008

| work = SiliconBeat

| publisher = San Jose Mercury News

| access-date = 26 August 2010

}} {{Dead link|date=October 2010|bot=H3llBot}}

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

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