COMPENSATION CONSULTANT
Expert Witness No. 620
Areas of Expertise:
| Appropriateness of Compensation
| Wrongful Termination
| Employment Discrimination
| Intermediate Sanctions
| Lost Opportunity
| Alien Employment
| Compensation and Salary Analysis
| Prevailing Wage Determination
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Marital Dissolution / Equitable Distribution
About the Consultant:
Over 25 years of Compensation expertise in all industries, specializing in Executive Compensation, Performance Management, Litigation Support and Expert Testimony. CRI's library is recognized as being one of largest and most comprehensive libraries nationwide. CRI provides a modern and sophisticated observation on every questionable compensation matter including but not limited to: excessive compensation, lost compensation, and extensive salary analysis related to total compensation. CRI has testified in both federal and state courts.
About the Company:
CRI provides professional Litigation Support services and expert testimony covering the broad areas of Executive Compensation, Salary Administration and Performance Management Systems, Sales Compensation, and Alternative Rewards. CRI has been successfully involved in the following compensation related litigation areas: Unreasonable and Excessive Compensation, Career and Lifetime Earnings Potential, Spousal Distribution of Assets, Employment and Change-of-Control Agreements, Job Availability and Competitive Market Value of Positions, Discriminatory Hiring and Compensation Practices, Dissident Shareholder Complaints, Compensation Violation of FAR by Government Contractor, Utility Rate Settings, Bankruptcy Reorganizations, and Prevailing Wage Determination.
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| PROFESSIONAL EXPERIENCE:
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CRI.
NJ
Managing Director
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1989 -Present
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Established practice and direct staff of 22 professional and support personnel in a broad based Human Resource consulting firm specializing in the design and installation of creative, pragmatic compensation programs. Compensation assignments include executive compensation (50%), performance based salary administration programs (25%), and sales compensation (25%). Serve as expert witness related to litigation support on compensation matters.
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KPMG PEAT MARWICK MAIN & CO.
Short Hills, NJ
Head of Executive Compensation Consulting Practice
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1987
- 1989
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Directed seven professional and support staff in compensation consulting practice providing services to both KPMG clients and non-client organizations. Primary areas of concentration included executive compensation (70%), sales compensation (10%) and salary administration (20%). Responsible for consulting function within Mid-Atlantic, Mid-West, and Southern regions.
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DELOITTE TOUCHE (formerly TOUCHE ROSS)
New York, NY
National Director of Compensation Consulting Practice
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1985 - 1987
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Established nationwide compensation consulting practice for major (Big Eight)
accounting firm. Created a recognized image and reputation for high quality, established an effective marketing program, recruited professional staff, and managed client accounts. Practice concentrated on executive compensation and litigation support.
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COMPENSATION CONSULTING SERVICES, INC.
Woodcliff Lake, NJ
President
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1983 -1985
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Founded successful consulting firm providing wide range of executive compensation and human resource consulting. Practice sold to Touche Ross.
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PRICEWATERHOUSE COOPER (formerly KWASHA LIPTON)
Fort Lee, NJ
Partner
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1978 -1983
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Created and managed the compensation consulting practice for a highly respected, nationwide benefits and actuarial consulting firm. Responsible for establishing practice, developing national presence, recruiting and managing professional staff, and handling client assignments. Assignments predominately involved executive compensation and salary administration.
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SIBSON & CO.
Princeton, NJ
Senior Consultant and Principal
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1976 - 1978
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Performed variety of compensation consulting assignments covering full array of compensation and human resource related assignments.
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SUMMARY OF EARLIER EXPERIENCE:
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1964 - 1976
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Held a series of progressively responsible human resource generalist and compensation management positions with a number of prominent corporations, including Tenneco, ARA Services, Connecticut General, Armstrong Rubber, and Griffin Hospital.
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| MILITARY SERVICE:
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US MARINE CORPS
Captain, Staff Officer and Instructor - Marine Corp Engineer School 1961
- 1964
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| EDUCATION:
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UNIVERSITY OF BRIDGEPORT
AND COLLEGE OF WILLIAM & MARY
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1968 - 1971
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Master of Business Administration (MBA)
Major in Industrial Relations
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HOFSTRA UNIVERSITY
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1957 - 1961
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Bachelor of Business Administration (BBA)
Major in Personnel and Labor Relations
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| PROFESSIONAL MEMBERSHIPS:
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Allied Business Consultants
American Management Association
American Society of Appraisers
Commerce and Industry Association
Employers Association, Inc.
Institute of Management Accountants
Middle Atlantic Employers Association
National Association of Stock Plan Professionals
National Center for Employee Ownership
New Jersey Business & Industry Association
New Jersey Human Resource Planning Group
New York New Media Association
Pennsylvania Association of Mutual Insurance Companies
Society of Human Resource Management
Tri-State Human Resource Management Association
Venture Associates of New Jersey
WorldatWork (Formerly the ACA)
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PROFESSIONAL DESIGNATION:
Accredited Personnel Diplomate (APD)
Sample of Litigation Support Activities
APPROPRIATENESS OF COMPENSATION:
Internal Revenue Service vs. Privately Owned Company
Charges of unreasonable compensation to family members. Provided Research and Report. Settled favorably for petitioner.
Internal Revenue Service vs. Large Public Cosmetic Corporation
Charges of unreasonable compensation to Chairman. Provided Research and Report. Settled favorably for petitioner.
Large Telecommunications Company vs. Public Utility Commission
Charges of excessive compensation related to setting of rate base. Provided Research and Expert Testimony. Settled favorably for company; objections to rate increase dismissed.
Government Agency vs. Government Contractor
Providing Research and Guidance to the government (DCAA) regarding the reasonableness of executive compensation of a contractor. Ongoing.
AVAILABILITY AND COMPETITIVE MARKET VALUE OF POSITIONS:
Large Media Corporation vs. Mrs. X
Charge of lost opportunity for employment. Provided Research and Report. Favorable settlement negotiated on behalf of plaintiff.
Mr. X vs. Mr. Y
Determine value of services provided in a service company partnership. Provided Research and Report. Settled favorably for our client out of court.
ALIEN EMPLOYMENT:
Medical Technology Corporation vs. Immigration and Naturalization Service
Alien applying for employment certification. Provided Research and Report. Certification granted to the alien employee.
EARNINGS POTENTIAL:
Estate of Mr. Y
Charge of wrongful death of minor. Provided Research and Report with economic projections. Settled favorably out of court in favor of our client.
WRONGFUL DISCHARGE:
Mr. X vs. Large Manufacturing Corporation
Charge of wrongful discharge by executive of company. Provided Research. Settled out of court in favor of plaintiff
Ms. Y vs. Large Film Corporation
Charge of wrongful discharge by Sales Representative. Provided Research and Report. Outcome pending.
Ms. X vs. Large Sales Corporation
Charge of wrongful discharge by Clerk. Provided Research and Report regarding the availability and compensation of comparable positions. Outcome pending.
WAGE AND HOUR:
Government Agency vs. Bargaining Agent
Alleged violation of Moroney Act. Provided Research and Expert Testimony. Settled favorably for our client.
BANKRUPTCY REORGANIZATION:
Messrs. X, Y, Z vs. Oil Company
Dissident group sought to stop bankruptcy reorganization. Provided Research and Expert Testimony. Favorably settled on behalf of company.
DISCRIMINATION:
Government Agency vs. Chemical Company
Charge of discrimination with regard to promotion and compensation practices. Provided Research and Report. Settled favorably out of court for company.
Mr. X vs. Law Firm
Charge of racial discrimination against professional service firm. Provided Research and Report. Outcome pending.
LIST OF SPEAKING ENGAGEMENTS
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Visiting Instructor
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Adjunct Professor
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Boston University
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George Washington University
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California State University
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New School for Social Research
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Concordia University (Canada)
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Ryder College
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Fairleigh Dickinson University
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Seton Hall University
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Georgia State University
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Temple University
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James Madison University
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Thomas Nelson Community College
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Michigan State University
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University of Alabama
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University of Wisconsin
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Vice President of Programs, North Rockland County SHRM, 2003-2005
MEDIA APPEARANCES:
CNBC, "Unreasonable Compensation"
National Public Radio
CNN "The Money Game" September 2002
Bloomberg Business Report, USA Network "Executive Compensation" September 2002
Bloomberg Radio,
"Executive Compensation" September 2002
The Bergen Record, Q & A in Business Section, "Measuring the Value of Good Workers", October 2002
MSNBC, "Summit on Wall Street", October 2002
ARTICLES/QUOTES:
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Business Monthly
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New York State Society of CPAs
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BusinessWeek Online
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The ProEmp Journal
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CFO Magazine
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The Orlando Sentinel
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DiversityInc.com
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The Record
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eWitness.com
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Sales and Marketing Management
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HR Magazine
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Small Business News
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Inc.
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The Trusted Professional
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Institutional Investor
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USA Today
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National Productivity Review
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Wall Street Journal
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SEMINAR SPEAKING ENGAGEMENTS:
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Amer. Assoc. of Homes & Services for Aging
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National Managed Health Care Congress
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Amer. Institute of Certified Public Accountants
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National Retail Merchants Association
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American Management Association
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New Jersey Bankers Association
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American Society of Appraisers
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New Jersey Saving League
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Association of Trial Lawyers
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New Jersey Rockland SHRM
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Cambridge Health Resources
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New York State Society of CPAs
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Commerce and Industry Association
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The Executive Committee
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Employment Management Association
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Royal Council of Canada
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Executive Study Conference
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Tri-State Human Resources
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Foundation for Accounting Education/Healthcare Conference 2000
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Society of Human Resource Management
Synygy
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International Quality & Productivity Center
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UNTZ - Global HR Institute
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Michigan Assoc. of Home and Health Services for the Aging
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Visiting Nurse Association of America
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National Association of Home Care
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World Trade Institute
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National Association of Water Companies
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WorldatWork (Formerly the ACA)
Last updated10/10/03