The Probert Encyclopaedia of Money

MANAGING DIRECTOR

A managing director (MD) is the company director responsible for the day-to- day running of a company. Second in the hierarchy only to the chairman, if there is one, the managing director is the company' s chief executive, a title that is becoming increasingly popular in both the USA and Britain. In the USA the president is often the equivalent of the MD. If a company has more than one MD, they are known as joint managing directors.
Research Managing Director