Q:

Who is higher, the CEO or the managing director?

A:

Quick Answer

Neither the managing director nor the CEO is higher than the other, because both of these terms refer to similar positions. American companies use the title CEO, or chief executive officer, while British English often uses the term "managing director."

Know More
Who is higher, the CEO or the managing director?
Credit: peepo Vetta Getty Images

Full Answer

Whichever term is used, the people who fill these jobs generally report to the company's board of directors. Because of the differences between American and British corporate law, there are some slight differences in the job descriptions. For example, an American CEO is only responsible for his company's success, but according to Britain's Companies Act 2006, managing directors are expected to consider the societal and environmental impact of their decisions.

Sources:

  1. translegal.com

Is this answer helpful?

Similar Questions

  • Q:

    What are some questions to ask your CEO?

    A:

    Asking questions of the CEO is different than putting questions to a regular boss. CEOs are generally more focused on the business side of things and have unique answers to questions. A few examples of good questions to ask a CEO are, "How much profit have you made in the last six months?" and "How do you think the company will grow in the next few years?"

    Full Answer >
    Filed Under:
  • Q:

    What does a director do?

    A:

    Theater and film directors are primarily responsible for the overall interpretation of a script and for bringing that script to life, either on stage or on screen. Directors must coach and coordinate both the cast and crew. They also ensure all aspects of a production come to life as imagined, including the set and location.

    Full Answer >
    Filed Under:
  • Q:

    What does a managing director do?

    A:

    A managing director is in charge of developing new business for the firm, ensuring customer satisfaction, employing and retaining workers and briefing the board of directors on the development of the firm. He wins and maintains new clients and also creates harmonious working conditions for all employees within the firm. A managing director runs the business on behalf of the board of directors.

    Full Answer >
    Filed Under:
  • Q:

    What are the qualifications for becoming a CEO?

    A:

    The position of Chief Executive Officer (CEO) typically requires a degree in business or a related field and substantial work experience. Many large companies and corporations look for CEO candidates who hold a Master of Business Administration (MBA) degree, which ensures the candidate has broad knowledge of standard managerial practices.

    Full Answer >
    Filed Under:

Explore