Executive director is a term sometimes applied to the chief executive officer (CEO) or managing director of an organization, company, or corporation. It is widely used in North American non-profit organizations, though in recent decades many U.S. nonprofits have adopted the title "President/CEO".
Confusion can arise because the words "executive" and "director" occur both in this title and in those of various members of some organizations' Board of directors. The precise meanings of these terms are discussed in the "Directors" section of the article on Board of directors.
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Famous quotes containing the words executive and/or director:
“When you give power to an executive you do not know who will be filling that position when the time of crisis comes.”
—Ernest Hemingway (1899–1961)
“When General Motors has to go to the bathroom ten times a day, the whole country’s ready to let go. You heard of that market crash in ‘29? I predicted that.... I was nursing a director of General Motors. Kidney ailment, they said; nerves, I said. Then I asked myself, “What’s General Motors got to be nervous about?” “Overproduction,” I says. “Collapse.””
—John Michael Hayes (b. 1919)