managing director

[lieschen]

what is the definition of a managing director

[tartanwiz]

A person who is both a manager and a director, i.e. they are a director of the firm, sitting on the board of directors, but they also actively work on the premises, running the day-to-day matters of the office or factory.

[linlam]

go to Google. Type in (without the inverted commas, and with a space after the colon) "define: managing director"

[Sylday]

Well, I just did what linlam suggested, and obtained the definition "someone who controls resources and expenditures", which may be correct for the US, but sounds more like what we would call the Finance Director in the UK. If you are asking with regard to the UK, then I think tartanwiz has got it right, in that the MD (the common abbreviation)is the person in overall day-to-day control of a business; but I suspect that many so-called MDs are employed in small enterprises which don't have boards of directors.

[Topcattc]

well lets see, how about this, i think this might help you out, if it doesnt it'l certainly make you titter to yourself!! A man in a hot air balloon realized he was lost. He reduced altitude and spotted a woman below. He descended a bit more and shouted, "Excuse me, can you help me? I promised a friend I would meet him an hour ago, but I don't know where I am." The woman below replied, "You are in a hot air balloon hovering approximately 30 feet above the ground. You are between 40 and 41 degrees north latitude and between 59 and 60 degrees west longitude. "You must be an engineer," said the balloonist. "I am," replied the woman, "how did you know?" "Well," answered the balloonist, "everything you told me is technically correct, but I have no idea what to make of your information, and the fact is I am still lost. Frankly, you've not been much help so far." The woman below responded, "You must be a managing director." "I am," replied the balloonist, "but how did you know?" "Well," said the woman, "you don't know where you are or where you are going. You have risen to where you are due to a large quantity of hot air. You made a promise which you have no idea how to keep, and you expect me to solve your problem. The fact is you are in exactly the same position you were in before we met, but now, somehow, it's my fault.