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Executive director/chief executive officer vs managing director

The differences between executive directors/chief executive officer 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 executive director/chief executive officer, becoming a managing director takes usually requires 4-6 years. Additionally, an executive director/chief executive officer has an average salary of $133,699, which is higher than the $129,690 average annual salary of a managing director.

The top three skills for an executive director/chief executive officer include financial management, regulatory compliance and business strategy. The most important skills for a managing director are healthcare, portfolio, and business development.

Executive director/chief executive officer vs managing director overview

Executive Director/Chief Executive OfficerManaging Director
Yearly salary$133,699$129,690
Hourly rate$64.28$62.35
Growth rate6%6%
Number of jobs168,41681,022
Job satisfaction--
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 68%
Average age5244
Years of experience-6

What does an executive director/chief executive officer do?

An executive director/chief executive officer is an executive who is in-charged in the management of a company's overall operations and growth. The position is decided by the company's board and its shareholders. The executive's primary responsibilities include making major corporate decisions and managing company resources. The role of a chief executive officer varies depending on the size of the company, its culture, and corporate structure. Also, the position requires good interpersonal, leadership, analytical, and management skills to accomplish such responsibilities.

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.

Executive director/chief executive officer vs managing director salary

Executive directors/chief executive officer and managing directors have different pay scales, as shown below.

Executive Director/Chief Executive OfficerManaging Director
Average salary$133,699$129,690
Salary rangeBetween $77,000 And $231,000Between $72,000 And $233,000
Highest paying CityPalo Alto, CANew York, NY
Highest paying stateCaliforniaNew York
Best paying companyOpen Society FoundationsPaul, Weiss, Rifkind, Wharton & Garrison
Best paying industry-Finance

Differences between executive director/chief executive officer and managing director education

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

Executive Director/Chief Executive OfficerManaging Director
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Executive director/chief executive officer vs managing director demographics

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

Executive Director/Chief Executive OfficerManaging Director
Average age5244
Gender ratioMale, 65.7% Female, 34.3%Male, 73.5% Female, 26.5%
Race ratioBlack 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 Percentage12%10%

Differences between executive director/chief executive officer and managing director duties and responsibilities

Executive director/chief executive officer example responsibilities.

  • Manage grant funding process, from RFP development to bidders' conferences to proposal reviews and grant awards.
  • Lead the facility in implementing person-centered care/hospitality philosophy, electronic medical records, maximization of Medicare reimbursement, and alternative therapies.
  • Obtain Medicaid certification for expansion of outpatient services.
  • Carry out public relation activities for the corporation, including marketing of physical rehabilitation services to area hospitals and referral sources.
  • Key contributor in the development, implementation and optimization of RFP policies and procedures.
  • Pass ISO re-certification audit without findings.
  • 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

Executive director/chief executive officer vs managing director skills

Common executive director/chief executive officer skills
  • Financial Management, 11%
  • Regulatory Compliance, 7%
  • Business Strategy, 6%
  • Mental Health, 6%
  • Non-Profit Organization, 6%
  • Oversight, 6%
Common managing director skills
  • Healthcare, 7%
  • Portfolio, 7%
  • Business Development, 6%
  • Oversight, 6%
  • Project Management, 5%
  • Customer Service, 5%

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