Executive director

An Executive director is a senior manager or executive officer of an organization, company or corporation. The position is comparable to a chief executive or managing director. An executive director is usually paid or remunerated for his or her work.

The senior employee of North American non-profit organizations is usually called the Executive Director instead of the Chief Executive Officer in order to avoid the business connotations which the latter name often evokes. Small groups and membership organizations may use the term Executive Secretary. It also distinguishes them from other members of the Board of Directors who are not remunerated for their roles.Charities in England and Wales tend to call the senior employee simply Director, as the governing body is usually a Board of Trustees.

The role of an Executive Director is to design, develop and implement strategic plans for their organization in the most cost effective and time efficient manner.

The Executive Director is responsible for both the day-to-day running of the organization and developing business plans for the long term future of the organization. He or she is accountable to the board and the board grants the Executive Director the authority to "run" the company.

The Executive Director is a leadership role for an organisation and he or she fulfills a motivational role for members in addition to his or her more office-based work. Executive Directors motivate and mentor members of the management team and chair meetings. The Executive Director leads the organization and develops its organizational culture.

As the title suggests, the Executive Director needs to be informed of everything that goes on in the organization. This includes staff, membership, budget, company assets, and all other company resources, to make the best use of them and increase the organization's profitability and profile.

The Executive Director usually reports to the Board on a quarterly, semi-annual, annual, or every decade, basis to keep them informed of how the organization is doing. The board will offer suggestions and ideas about how to improve the organization to the Executive Director. It is the Executive Director's responsibility to implement, improve upon or ignore these ideas.

In a corporate setting, the term executive director refers to those members of a Board of Directors who are also senior managers of the company. In this case, it distinguishes them from non-executive directors who are not actively involved in running the corporation.

See also

• Agency cost
• Chair (official)
• Corporate governance
• Corporate title
• Non-executive director
• Board of directors
• Managing director

ja:代表取締役