In WordPress how do you create a custom post type with the author’s name in the slug?

My plugin Custom Post Permalinks allows you to set permalink structures for custom post types and it supports post authors as part of a permastruct. However, while my plugin will enable you to set up that structure, I don’t suggest using that structure. That structure will essentially make WordPress interpret all top-level pages as 404 errors (and second level pages, I think). You should be fine if you add the post type to anchor the beginning of the structure like this:

/%post_type%/%author%/%postname%/