Chairman is a head of a group of company's. but the Managing director is a head of a single organisation.
A promoter is a founder of a company. He may or may not be the director of the company. If the promoter is a director of the company as well, then he is subject to receiving of dividends as per his proportion of shareholding in the company.
He (she) is the senior person in a company, apart from the Chairman - though he can be both. In the UK, you cannot form a company, however small, unless there is a Managing Director and a Company Secretary, and these two must not be the same person.
Videocon Industries Limited is a company that was established in India in 1979. The chairman and managing director of Videocon as of July 2013, is Venugopal Dhoot.
Managing Director means a director who by virtue of an agreement with the company or of a resolution passed by the company in general meeting or by its Board of Directors or by virtue of its memorandum or articles of association is entrusted with substantial powers of management which would not otherwise be exercisable by him. It includes a director occupying the position of managing director by whatever name called. Whole time director includes a director in the whole time employment of the company. A person who does not devote substantially the whole of his time to the company is not a whole time director. A whole time director is virtually a managing director though not so designated. A director in charge is also in the same position as a managing director. It has been held that a Managing director is a part of the company's Board of directors and not a servant of the company.
Chairman is a head of a group of company's. but the Managing director is a head of a single organisation.
A promoter is a founder of a company. He may or may not be the director of the company. If the promoter is a director of the company as well, then he is subject to receiving of dividends as per his proportion of shareholding in the company.
Managing director: The managing director is the head of the whole management team and a member of the board of a company; in other words, the managing director is a CEO only, but also has his own shares in the company and is also present in the board meetings. In other words, a director of the board. Chief Executive Director: The CEO is the biggest corporate officer or in other words, the head of the management team. he just controls the whole management and is the ultimate boss in the company after the board of directors and the chairman.
The difference is that a CEO is a mere employee of the Company while the MD is a Director of the Company and must assume the role and duties of a Director as laid down in Legislation. The MD must sit on the Board of a Company while a CEO may sit on the Board.
An executive holds an operating position with the company and is paid a salary for doing so. Typically, a president or vice-president would be an executive director. Often, but not always, a chairman can be. Non-executive directors are typically referred to as "outside" directors, meaning they have no operating role with the firm.
He (she) is the senior person in a company, apart from the Chairman - though he can be both. In the UK, you cannot form a company, however small, unless there is a Managing Director and a Company Secretary, and these two must not be the same person.
Videocon Industries Limited is a company that was established in India in 1979. The chairman and managing director of Videocon as of July 2013, is Venugopal Dhoot.
Joan Crawford
Managing Director means a director who by virtue of an agreement with the company or of a resolution passed by the company in general meeting or by its Board of Directors or by virtue of its memorandum or articles of association is entrusted with substantial powers of management which would not otherwise be exercisable by him. It includes a director occupying the position of managing director by whatever name called. Whole time director includes a director in the whole time employment of the company. A person who does not devote substantially the whole of his time to the company is not a whole time director. A whole time director is virtually a managing director though not so designated. A director in charge is also in the same position as a managing director. It has been held that a Managing director is a part of the company's Board of directors and not a servant of the company.
A director is someone responsible for the company they have legal responsibility and so a directors report usually goes with the official accounts etc The chairman is usually just a figurehead for the business, someone who is well recognised in that industry and really is just there to impress others, their statement is essentially a marketing tool.
Assuming you mean the state-owned telecoms company in India - the current chairman (and managing director) is R.K. Upadhyay
The difference between managing director and president of the company is like prime minister and president in India. While both the managing director and prime minister are having wider power in day to day operation of the company/country, both the president of the company and country are mere rubber stamps (though both posts are highly honorable) and their discretionary powers are during AGM of the company,signing important papers/documents and for president of the country, the powers are exercised during independence day celebrations,opening/concluding speeches during budget sessions etc.