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Chief executive officer vs managing director

The differences between chief executive officers 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 a chief executive officer, becoming a managing director takes usually requires 4-6 years. Additionally, a chief executive officer has an average salary of $192,260, which is higher than the $129,690 average annual salary of a managing director.

The top three skills for a chief executive officer include healthcare, patients and patient care. The most important skills for a managing director are healthcare, portfolio, and business development.

Chief executive officer vs managing director overview

Chief Executive OfficerManaging Director
Yearly salary$192,260$129,690
Hourly rate$92.43$62.35
Growth rate6%6%
Number of jobs149,18581,022
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 68%
Average age5244
Years of experience-6

What does a chief executive officer do?

A chief executive officer is the overall head of the company's operations. Chief executive officers are responsible for making corporate decisions that would define the company's performance in the market. A chief executive officer must display exceptional leadership and decision-making skills to create business growth and development strategies. The chief executive officers also provide a regular business update to the board regarding the company's status. They should also be able to identify business opportunities and create long-lasting, professional relationships with business partners and other organizations.

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.

Chief executive officer vs managing director salary

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

Chief Executive OfficerManaging Director
Average salary$192,260$129,690
Salary rangeBetween $104,000 And $354,000Between $72,000 And $233,000
Highest paying CityUrban Honolulu, HINew York, NY
Highest paying stateHawaiiNew York
Best paying companyAlecto Healthcare Services LLCPaul, Weiss, Rifkind, Wharton & Garrison
Best paying industryStart-upFinance

Differences between chief executive officer and managing director education

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

Chief Executive OfficerManaging Director
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Chief executive officer vs managing director demographics

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

Chief Executive OfficerManaging Director
Average age5244
Gender ratioMale, 68.5% Female, 31.5%Male, 73.5% Female, 26.5%
Race ratioBlack or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.8% White, 76.0% 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 Percentage12%10%

Differences between chief executive officer and managing director duties and responsibilities

Chief executive officer example responsibilities.

  • Manage the bidding process by reviewing all RFP and preparing responses.
  • Manage complex Google, Facebook, SEO/Content, drip email, behavior base emails, and so much more.
  • Manage and grow Instagram accounts of large and small businesses as well as individual accounts such as models and singers.
  • Design, execute, and manage the construction and d cor of store location and seasonal windows of old store location.
  • Develop an IP within the e-Gaming & mobile-gaming world that can achieve ad revenue greater than Google or Facebook potentially combine.
  • Source and manage contractors for frontend JavaScript development.
  • Show more

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.
  • Show more

Chief executive officer vs managing director skills

Common chief executive officer skills
  • Healthcare, 13%
  • Patients, 10%
  • Patient Care, 8%
  • Customer Service, 8%
  • Financial Management, 6%
  • Oversight, 5%
Common managing director skills
  • Healthcare, 7%
  • Portfolio, 7%
  • Business Development, 6%
  • Oversight, 6%
  • Project Management, 5%
  • Customer Service, 5%

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