Associate executive director vs managing director

The differences between associate executive directors and managing directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become an associate executive director, becoming a managing director takes usually requires 4-6 years. Additionally, a managing director has an average salary of $129,690, which is higher than the $111,674 average annual salary of an associate executive director.

The top three skills for an associate executive director include human resources, nursing home and financial management. The most important skills for a managing director are healthcare, portfolio, and business development.

Associate executive director vs managing director overview

	Associate Executive Director	Managing Director
Yearly salary	$111,674	$129,690
Hourly rate	$53.69	$62.35
Growth rate	6%	6%
Number of jobs	93,808	81,022
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 68%
Average age	52	44
Years of experience	-	6

What does an associate executive director do?

An associate executive director spearheads and oversees projects and programs in an organization. Their responsibilities include setting guidelines and objectives, managing budgets and timelines, assessing the workforce's performance, coordinating with managers, researching new business opportunities, building positive relationships with potential business partners, and developing strategies to optimize overall operations. They also make decisions based on extensive research and analysis. Furthermore, an associate executive director must lead and encourage teams to reach goals, all while implementing the company's policies and regulations, developing new ones as necessary.

What does a managing director do?

A Managing Director oversees workflow and progress, making sure that all operations align within the company or organization's mission or set of goals. They are responsible for crafting strategies, devising effective business plans, and executing guidelines that would nurture a company's growth, and as well as to be the driving force that would direct employees to the company's objectives. Furthermore, a Managing Director must coordinate with those in a higher position, such as the members of the board.

Associate executive director vs managing director salary

Associate executive directors and managing directors have different pay scales, as shown below.

	Associate Executive Director	Managing Director
Average salary	$111,674	$129,690
Salary range	Between $63,000 And $194,000	Between $72,000 And $233,000
Highest paying City	New York, NY	New York, NY
Highest paying state	New York	New York
Best paying company	Northwell Health	Paul, Weiss, Rifkind, Wharton & Garrison
Best paying industry	-	Finance

Differences between associate executive director and managing director education

There are a few differences between an associate executive director and a managing director in terms of educational background:

	Associate Executive Director	Managing Director
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 68%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Associate executive director vs managing director demographics

Here are the differences between associate executive directors' and managing directors' demographics:

	Associate Executive Director	Managing Director
Average age	52	44
Gender ratio	Male, 47.8% Female, 52.2%	Male, 73.5% Female, 26.5%
Race ratio	Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.8% Asian, 7.7% White, 76.2% American Indian and Alaska Native, 0.6%	Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5%
LGBT Percentage	12%	10%

Differences between associate executive director and managing director duties and responsibilities

Associate executive director example responsibilities.

Manage paid media campaigns on Facebook & Google.
Facilitate negotiations for commercial, Medicaid manage care contracts to expand provider network.
Manage funding allocation, disbursement, and financial oversight implementing necessary accountability measures as needed.
Lead the facility in implementing person-centered care/hospitality philosophy, electronic medical records, maximization of Medicare reimbursement, and alternative therapies.
Establish and develop relationships with ERP and consulting vendors with the goal of maximizing comparative advantage and cost efficient solution development.
Maintain all necessary licensing and certification (ISDH, JCAHO, AAAHC, Medicare).

Managing director example responsibilities.

Create and manage the social media presence via a festival page on Facebook.
Manage all consulting resources and have overall P/L responsibilities for the Atlanta office.
Manage the lessee and lessor relationships regarding exchange seat leases with major markets, such as NYSE, AMEX, CBOE.
Manage denials and expedite managed care appeals (reimbursement reconsideration).
Manage payroll processing for thousands of industrial temporary workers and bill respective clients.
Manage the Ketera SaaS relationship for IBM with engagement development and profitability responsibilities.

Associate executive director vs managing director skills

Common associate executive director skills

Human Resources, 10%
Nursing Home, 8%
Financial Management, 8%
Direct Supervision, 6%
Community Organizations, 6%
Resident Satisfaction, 4%

Common managing director skills

Healthcare, 7%
Portfolio, 7%
Business Development, 6%
Oversight, 6%
Project Management, 5%
Customer Service, 5%

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Associate Executive Director
Associate Executive Director vs Managing Director

Updated January 8, 2025

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