The managing director typically reports to the board of directors or the company's owner. This relationship ensures that the managing director aligns the company's operations with its strategic goals and objectives set by the board. In some organizations, they may also report to a CEO or other senior executives, depending on the company's structure.
Under the managing director, various roles typically include department heads or managers, such as finance, marketing, operations, and human resources. These individuals oversee their respective teams and report directly to the managing director, ensuring alignment with the company's strategic objectives. Additionally, support staff and project managers may also work under the managing director, assisting in daily operations and project execution.
A female managing director is typically referred to simply as a "managing director," as the title is gender-neutral. In some contexts, she may also be informally referred to as a "female managing director" or "woman managing director" to emphasize her gender, but this is not necessary in formal usage. The focus is primarily on the role rather than the gender of the individual holding it.
The Deputy Managing Director reports directly to the Managing Director and is empowered by the Managing Director to manage the day-to-day overall operational activities. The Deputy Managing Director ensures cost control activities; monitors revenues and expenditures in assigned area to assure sound financial control; assures effective and efficient use of budgeted funds, materials, facilities and time.
Managing Director means a director who by virtue of an agreement with the company or of a resolution passed by the company in general meeting or by its Board of Directors or by virtue of its memorandum or articles of association is entrusted with substantial powers of management which would not otherwise be exercisable by him. It includes a director occupying the position of managing director by whatever name called. Whole time director includes a director in the whole time employment of the company. A person who does not devote substantially the whole of his time to the company is not a whole time director. A whole time director is virtually a managing director though not so designated. A director in charge is also in the same position as a managing director. It has been held that a Managing director is a part of the company's Board of directors and not a servant of the company.
Information provided by Legalpund = Can a Company appoint a Managing Director and a Manager at the same time? = No company can appoint or employ, at the same time, or, continue the appointment or, employment at the same time, of a Managing Director, as well as a Manager. But, there is no legal prohibition against having a Whole Time Director and Manager, simultaneously, or, Managing Director and whole-time Director, simultaneously. Again, there is no prohibition on a company having more than one Managing Director. This section applies to all companies, public and private. As per provisions of this section a company cannot apply both managing director and manager at the same time. The term " managing director" and "manager" has been defined in section 2(26) and 2(24) respectively. "managing director is a director who is entrusted with "substantial" powers of management which would not otherwise be exercisable by him. From the definition of managing director it appears that the company may entrust "substantial" power of management to one or more directors and therefore a company may have more than one managing director.Further the expression MANAGING DIRECTOR shall also include a director occupying the position of managing director, by whatever name called.For instance, President, CEO , chief operating officer, etc. in the case of MNCs shall be considered as the MANAGING DIRECTOR for the purpose of COMPANIES ACT, although they are not designated as such.
The Cheif Executive Officer
Typically, a Chief Operating Officer (COO) does not report to a Managing Director. Instead, the COO usually reports directly to the Chief Executive Officer (CEO) or the board of directors, overseeing the company's day-to-day operations. However, organizational structures can vary, and in some companies, a Managing Director might have a role that overlaps with or includes responsibilities typically associated with a COO.
Managing director is correct.
MD for managing director.
Under the managing director, various roles typically include department heads or managers, such as finance, marketing, operations, and human resources. These individuals oversee their respective teams and report directly to the managing director, ensuring alignment with the company's strategic objectives. Additionally, support staff and project managers may also work under the managing director, assisting in daily operations and project execution.
No
1981-1992, managing director of Metro France
A female managing director is typically referred to simply as a "managing director," as the title is gender-neutral. In some contexts, she may also be informally referred to as a "female managing director" or "woman managing director" to emphasize her gender, but this is not necessary in formal usage. The focus is primarily on the role rather than the gender of the individual holding it.
A managing director supervises people. An executive director is involved in setting the strategy for the overall organization. They rank at the top in the organization.
1993-1999, managing director of McDonald's Australia
A managing director supervises people. An executive director is involved in setting the strategy for the overall organization. They rank at the top in the organization.
1991-1992, managing director of contract feeding business