This　study　discusses　the　impact　of　executives　with　foreign　experience　on　decisions　involving　corporate　capital　structures.　Based　on　a　sample　of　Chinese　A-share　listed　companies,　this　study　finds　that　firms　with　(more)　executives　with　foreign　experience　adjust　to　the　optimal　capital　structure　faster.　The　effect　exists　mainly　for　over-levered　firms　that　need　to　deleverage.　The　empirical　results　remain　robust　when　using　alternative　methods　to　estimate　target　leverage,　excluding　the　effects　of　mechanical　adjustments,　controlling　the　impact　of　corporate　governance,　and　using　the　full　sample　to　test　asymmetric　effects.　In　addition,　firms　managed　by　executives　with　foreign　experience　tend　to　maintain　low　leverage　for　a　long　time.　Overall,　the　results　show　that　executives　with　foreign　experience　help　companies　adopt　more　efficient　and　conservative　capital　structure　adjustment　decisions.　The　results　enrich　the　literature　on　the　impact　of　foreign　experience　on　corporate　decision-making.