A Shift in Power for Hbos Dynamic Duo ; City Focus

Daily MailJanuary 06, 2006

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Summary


CHIEF executives are not particularly good at the art of getting out while they are ahead.

Instead of stepping aside gracefully while still at the top of their game, they normally hang around until they are removed as a result of retirement or failure.

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Extract


A Shift in Power for Hbos Dynamic Duo ; City Focus

That is why the announcement by James Crosby, the 49-year-old supremo at mortgage bank HBOS, that he is to quit his Pounds 1.5m-a- year job in the summer has caused such a stir.

'I have not been pushed out,' he said. There is no real question of it.

Crosby...

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