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The Difference Between CEO, President & Managing Director

The corporate titles of chief executive officer, president and managing director carry distinctly different meanings. Chief executive officers serve as companies' strategists and cheerleaders, with the implementation of objectives left to senior management. Managing directors act like CEOs, but operate in the two-tiered corporate board setup characteristic of British firms. Company presidents are more actively involved as managers, on the other hand, but also report to a board of directors that guides the organization's direction. CEO Responsibilities A chief executive officer sets the tone for a company's image, management and operations. At large corporations, the CEO may function more like a strategist,...

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