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Question
Explain the following Term/Concept:
Executive Director.
Solution
(1) An executive director is a chief executive officer, (CEO) or Managing Director of an organization or a company. The title of the executive director is widely used in North American Nonprofit organizations. He is a member of the Board of an arm who has managerial responsibility. He is a working director of an organization usually its full-time employee and has to manage and complete specified daily operations of the company.
(2) Executive Director is also called Whole Time Director (WTD). He is responsible for specific programs or services that are assigned to him by the board of directors or managing director and are given suitable titles like Marketing Director, Finance Director, etc.
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