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The differences between managing directors and regional directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a managing director, becoming a regional director takes usually requires 6-8 years. Additionally, a managing director has an average salary of $129,690, which is higher than the $78,190 average annual salary of a regional director.
The top three skills for a managing director include healthcare, portfolio and business development. The most important skills for a regional director are healthcare, patients, and customer service.
| Managing Director | Regional Director | |
| Yearly salary | $129,690 | $78,190 |
| Hourly rate | $62.35 | $37.59 |
| Growth rate | 6% | 5% |
| Number of jobs | 81,022 | 73,300 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Average age | 44 | 46 |
| Years of experience | 6 | 8 |
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.
The primary role of regional directors is to oversee and provide guidance to the managers that report to them. They coordinate with employees to discuss business progress and create strategies to accomplish the company's goals. It is their responsibility to oversee the recruitment and training of staff and implement a marketing strategy to maximize sales and profitability. It is also their responsibility to identify and address staff performance issues and collaborate with department teams on market growth opportunities.
Managing directors and regional directors have different pay scales, as shown below.
| Managing Director | Regional Director | |
| Average salary | $129,690 | $78,190 |
| Salary range | Between $72,000 And $233,000 | Between $41,000 And $147,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | Connecticut |
| Best paying company | Paul, Weiss, Rifkind, Wharton & Garrison | Sidley Austin |
| Best paying industry | Finance | Health Care |
There are a few differences between a managing director and a regional director in terms of educational background:
| Managing Director | Regional Director | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between managing directors' and regional directors' demographics:
| Managing Director | Regional Director | |
| Average age | 44 | 46 |
| Gender ratio | Male, 73.5% Female, 26.5% | Male, 61.1% Female, 38.9% |
| Race ratio | 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% | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 7% |