1. [Brit] The corporate executive responsible for the operations of the firm; reports to a board of directors; may appoint other managers (including a president)
   "The managing director announced a major restructuring of the company";
   - chief executive officer, CEO, chief operating officer, MD [Brit]
    
2. Someone who controls resources and expenditures
   "The managing director made the final decision on the merger";
   - director, manager

Derived forms: managing directors

Type of: administrator, business executive, corporate executive, decision maker

Encyclopedia: Managing director