Chief executive officer/manager vs managing director

The differences between chief executive officer/managers 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/manager, becoming a managing director takes usually requires 4-6 years. Additionally, a chief executive officer/manager has an average salary of $140,165, which is higher than the $129,690 average annual salary of a managing director.

The top three skills for a chief executive officer/manager include financial statements, payroll and product development. The most important skills for a managing director are healthcare, portfolio, and business development.

Chief executive officer/manager vs managing director overview

	Chief Executive Officer/Manager	Managing Director
Yearly salary	$140,165	$129,690
Hourly rate	$67.39	$62.35
Growth rate	6%	6%
Number of jobs	155,545	81,022
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 68%
Average age	52	44
Years of experience	-	6

What does a chief executive officer/manager do?

A chief executive officer (CEO) serves as the leader, information or visionary bearer, manager, board developer, and the decision-maker of an organization. CEOs support the administration and operations of the board by extending advice and support. These executives handle the organization's human resources based on authorized personnel procedures and policies. They make sure that their organization and its products, mission, services, and programs appear strong and positive to target stakeholders. Also, they need to develop skills in negotiation, communication, and corporate governance.

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/manager vs managing director salary

Chief executive officer/managers and managing directors have different pay scales, as shown below.

	Chief Executive Officer/Manager	Managing Director
Average salary	$140,165	$129,690
Salary range	Between $100,000 And $196,000	Between $72,000 And $233,000
Highest paying City	Washington, DC	New York, NY
Highest paying state	Hawaii	New York
Best paying company	Parallels	Paul, Weiss, Rifkind, Wharton & Garrison
Best paying industry	Manufacturing	Finance

Differences between chief executive officer/manager and managing director education

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

	Chief Executive Officer/Manager	Managing Director
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 68%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Chief executive officer/manager vs managing director demographics

Here are the differences between chief executive officer/managers' and managing directors' demographics:

	Chief Executive Officer/Manager	Managing Director
Average age	52	44
Gender ratio	Male, 65.5% Female, 34.5%	Male, 73.5% Female, 26.5%
Race ratio	Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% 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 chief executive officer/manager and managing director duties and responsibilities

Chief executive officer/manager example responsibilities.

Provide direct oversight and effective leadership through training and identification of strategic priorities to achieve program outcomes and organizational goals.
Provide oversight for overall product development, process engineering, and full production planning.
Analyze investment opportunities for both GAAP reporting and tax treatment.
Train staff to work with Linux and Unix operating systems.
Establish QA team and offshore organization to deliver embed products.
Develop a preliminary PaaS cloud SIEM architecture for a large federal banking agency.

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.

Chief executive officer/manager vs managing director skills

Common chief executive officer/manager skills

Financial Statements, 16%
Payroll, 12%
Product Development, 6%
Regulatory Compliance, 6%
R, 5%
Human Resources, 4%

Common managing director skills

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

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Chief Executive Officer/Manager
Chief Executive Officer/Manager vs Managing Director

Updated January 8, 2025

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