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Graef Crystal, Critic of Extravagant Executive Pay, Dies at 82

  • He advised boards on compensation before disparaging packages
  • Cited Ovitz’s ‘incomprehensible’ $140 million Disney severance

Graef “Bud” Crystal, who became the foremost critic of excessive compensation after a career advising board directors on how to justify paying their chief executive officers top dollar, has died. He was 82.

He died April 18 at his home in Las Vegas, according to an email from his wife, Sue. The cause was heart disease.