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What is the difference between MD and CEO of a company?


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Answered 2011-04-26 07:46:25

A CEO is the Chief Executive Officer, an MD is a Managing Director.

The Chief Executive Officer is usually the owner of the business and outlines the companies goals and how he/she wants it to perform. The Managing Director is then the one who comes up with strategy plans and runs the workforce in order to meet the Cheif Executive Officer's orders. In some companies the Chief Executive Officer and the Managing Director are the same person, however this usually in smaller companies, but there have been instances in large corporations where they are also the same person- but this is rare. An example of a time when this occured in a large corporation would be that of Sir Reginal Miles Ansett's running of Ansett Airlines of Australia.

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