A managing director or MD (UK English) or chief executive officer (U.S. English) is the director of a company given special powers by its articles of association. In most companies, the managing director is the senior executive director, subordinate only to the chairman of the board.
The MD is usually the most senior manager of the company, heading the organisation, and so may have a title such as Chief Executive Officer or CEO. This person may b...
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A managing director or MD (UK English) or chief executive officer (U.S. English) is the director of a company given special powers by its articles of association. In most companies, the managing director is the senior executive director, subordinate only to the chairman of the board.
The MD is usually the most senior manager of the company, heading the organisation, and so may have a title such as Chief Executive Officer or CEO. This person may be responsible for the routine operation of the company or this role may be delegated to a separate Chief Operating Officer, leaving the CEO free to plan and direct the company's strategy. However some companies have joint managing directors or a managing director in charge of each separate division. In some Wall Street firms, such as Goldman Sachs, managing director is the second highest title after partner.
The managing director is a leadership role for an organisation and the MD may fulfill a motivational role for the workforce, in addition...
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