Compensation Consultant Expert Witness

Expert Witness No.620

New Jersey

Areas of Expertise:

Appropriateness of Compensation
Wrongful Termination
Employment Discrimination
Intermediate Sanctions
Lost Opportunity
Alien Employment
Compensation and Salary Analysis
Prevailing Wage Determination
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.

Professional Experience:

CRI.NJ
Managing Director
1989 -Present       

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.

KPMG Peat Marwick Main & Co.
Short Hills, NJ
Head of Executive Compensation Consulting Practice
1987 – 1989

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.

Deloitte Touche (Formerly TOUCHE ROSS)
New York, NY
National Director of Compensation Consulting Practice
1985 - 1987

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.

Compensation Consulting Services, Inc.
Woodcliff Lake, Nj
President
1983 -1985

Founded successful consulting firm providing wide range of executive compensation and human resource consulting. Practice sold to Touche Ross.

Pricewaterhouse Cooper (Formerly Kwasha Lipton)
Fort Lee, NJ
Partner
1978 -1983

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.

SIBSON & CO.
Princeton, NJ
Senior Consultant and Principal
1976 - 1978

Performed variety of compensation consulting assignments covering full array of compensation and human resource related assignments.

SUMMARY OF EARLIER EXPERIENCE:
1964 - 1976

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.

Military Service:
 
US Marine Corps
Captain, Staff Officer and Instructor - Marine Corp Engineer School 1961 - 1964

Education:

University Of Bridgeport
And College Of William & Mary
1968 - 1971

Master Of Business Administration (MBA)
Major in Industrial RelationsHOFSTRA UNIVERSITY

1957 - 1961

Bachelor of Business Administration (BBA)
Major in Personnel and Labor Relations

Professional Memberships:

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)

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

Available upon Request

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 2000

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:

Available upon Request

Seminar Speaking Engagements:

Available upon Request