(2) The chairman and vice-chairman of a wholly state-owned company shall be appointed by the state-owned assets supervision and administration institution from among the board members.
(3) The chairman of a joint stock limited company shall be elected by more than half of all directors of the board of directors.
(4) The chairman of the joint venture shall be determined by the parties to the joint venture through consultation or elected by the board of directors; If one party is the chairman and the other party is the vice-chairman.
(5) The method for selecting the chairman of a contractual joint venture shall be stipulated in the articles of association of the contractual joint venture, with one party as the chairman and the other as the vice chairman.
Extended data:
Chairman of the Board can be translated as "chairman" or "chairman". The chairman is the highest representative of shareholders' interests and does not belong to the category of company employees. Theory is the source of all power in company management.
The chairman is the leader of the company's board of directors [1], and his responsibilities are organizational, coordinated and representative. The power of the chairman belongs to the responsibility of the board of directors. He doesn't manage the specific business of the company and generally doesn't make personal decisions. He only enjoys the same voting rights as other directors when the board of directors meets or special committees of the board of directors meet.
According to the new company law, a limited company may have an executive director instead of a board of directors. Therefore, it is not necessary to have a board of directors, but at least one director (person in charge of the company) should be selected from the shareholders to represent the company.
A joint stock limited company must have a board of directors consisting of at least three directors. The chairman is elected by the board of directors with the consent of more than half of all directors.
References: Chairman-Baidu Encyclopedia