In many companies CEO is mostly a salesman and his role is to get as many investment flowing in as possible. So it means they have to be a good actor, dress nic

In many companies CEO is mostly a salesman and his role is to get as many investment flowing in as possible. So it means they have to be a good actor, dress nicely and go to fund raising parties. Often they are hired just for their name - so investor who knows them, feel more reassured about investing in "their" company.