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Old execs find business can be temp at the top

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It's heartening to see someone looking after the oldies. The over 55s that is.

But we don't really mean just any old oldies. We're talking about those few former senior executives, usually chief executives, who don't feel quite as loyal to their previous employer as say, former GE chief Jack Welsh and his soon-to-be-former wife did.

One company is snapping up the bosses who have been down-sized, restructured and otherwise put out to pasture before their time. As well as those who leap (voluntarily) from the lofty heights at the top of the corporate tree in favour of one of those rare Hong Kong commodities known as 'a life'. There's got to be at least a couple of them around.

Roger Ho, managing director of Executive Interim Management (EIM), says they are interested in the 50 to 55-year-old executives that head-hunters cannot find permanent jobs for.

'They can't handle them, but we can,' laughs Mr Ho, who sounds like he handles them with the skill of a cattle rancher, as he cracks his whip and sends them off to head one company after another.

'They are quite a different breed, these guys,' Mr Ho agrees. Although we didn't get the bloodlines, he confirmed they weren't all men: 20 per cent of the 400 temporary executive managers he has on the books in Asia are women.

One example is an executive of Dutch heritage with decades of experience in Asia who has just taken the reins of a warring joint-venture in the textile industry, an increasingly common demand from the increasing number of warring foreign and Chinese joint venture partners.

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