An executive director is a chief executive officer (CEO) or managing director of an Uorganization, company, or corporation. The title is widely used in North American non-profit organizations, though many United States nonprofits have adopted the title president or CEO. A non- executive director (abbreviated to non-exec, NED or NXD), independent director or external director is a member of the board of directors of a company or organisation, but not a member of the executive management team. Both executives and non-executives have board-level roles and both have a fiduciary duty. Their duties are similar to those of a chief executive officer (CEO) of.
Executive director definition at Dictionary. In Englan a Director is a member of the Board of Directors and has a fiduciary duty. In America, I think that the equivalent job would be Vice-President. An executive vice president ranks higher than a senior vice president in the hierarchy of vice presidents. He or she is the second-in-command after the president.
As an executive , he or she has the authority to make major decisions for the company as well as takes the place of the president if the position becomes vacant. C-suite gets its name from the titles of top senior executives, which tend to start with the letter C, for chief, as in chief executive officer , chief financial officer , chief operating.
