Definition of Executive director:
The highest-ranking executive in an organization, company, or department, with ultimate responsibility for making managerial decisions.
A working director of an organization who is usually also its full-time employee, and has a specified decision making role as director of finance, marketing, operations, etc., on an on-going basis.T his title is more typically used for nonprofit organizations than for commercial enterprises.
The standard of care required from executive directors is much higher than that required from non-executive directors, but both types of directors are equally liable under tax laws. Also called inside director or internal director.
How to use Executive director in a sentence?
- I was the executive director , so I had a lot of say in what happened with the business and the different strategies we implemented.
- The meeting was held yesterday and in attendance was the executive director whose time was quite valuable to the organization.
- The executive director of a large national business decided he was going to give all of the employees working for him a 10% raise.
- After just two years, she was appointed Executive Director of the foundation.
Meaning of Executive director & Executive director Definition