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managing director UK US noun [C] (UK
► HR, WORKPLACE, MANAGEMENT the person in charge of a company, who is responsible for what it does and how it is run: »
The managing director said that a company is not only measured by the returns it gives its shareholders, but also by the returns it provides to the society.
appoint sb (as) managing director »We are pleased to announce that we have appointed Julia Elliott as managing director, effective March 2011.
→ See also CHIEF EXECUTIVE OFFICER(Cf. ↑chief executive officer), CHIEF OPERATING OFFICER(Cf. ↑chief operating officer)
Financial and business terms. 2012.