What does the external chairman of the company mean?

The external chairman of a company refers to the position of chairman held by an outsider in the company. This position is usually held by a senior entrepreneur, financial expert or other people with relevant experience and skills. The main responsibility of the external chairman is to provide leadership and guidance in the company's decision-making and implementation strategies to ensure the smooth operation of the company and maximize the interests of shareholders.

The external chairman can provide more objective opinions for the company's decision. Because the internal chairman of a company is usually a senior manager or shareholder, their interests are often closely related to the company. On the other hand, the external chairman can really serve the interests of the company and is not restricted by the established collective interests. In addition, the external chairman can also provide the company with more business resources and networks to help the company expand its business and market.

To be an external chairman of a company, you must meet certain qualifications. First of all, the person who is the external chairman should have rich experience in enterprise management, financial knowledge and business skills. Secondly, they should also have a good business relationship and reputation, which can bring more cooperation opportunities and resources to the company. Finally, as the external chairman of the company, they must be able to maintain independent opinions to protect the interests of the company.