What does a Managing Director do?
Senior leaders hold executive or upper management positions and provide high-level leadership and direction for an organization’s essential day-to-day operations. Their direct reports are typically directors and other upper-tier administrators. The senior leadership members steer core initiatives and establish organization-wide policies and standards. They lead strategic planning and critical decision making. They select and oversee directors and managers. They manage budgets, approve major expenditures, and maintain important strategic partnerships. They may also serve as a public “face” representing the company and making official statements.
Senior leaders often have an advanced degree such as an MBA and should have a strong track record of successful leadership in high-ranking roles with significant responsibility. These positions require solid leadership skills and the ability to manage multiple complex projects simultaneously.
Managing Director Salaries
Average Base Pay
Managing Director Career Path
Learn how to become a Managing Director, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.