Crossword Genius

Business leader of some standing paradoxically? (8)

Ross

I believe the answer is:

chairman

I'm a little stuck... Click here to teach me more about this clue!

'some standing paradoxically?' is the definition.
I can't tell whether this definition defines the answer.

'business leader' is the wordplay.
'business' becomes 'chair' (chair is a kind of business).
'leader' becomes 'man' (I can't justify this - if you can you should believe this answer much more).
'chair'+'man'='CHAIRMAN'

'of' is the link.

Can you help me to learn more?

(Other definitions for chairman that I've seen before include "Boss" , "Mao?" , "Presiding male at meetings" , "A leader of meetings" , "Top person on a committee - this one's male" .)

I've seen this clue in The Sun.
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