In business

for smaller firms it's a distinction without a difference. For larger firms an MD will usually report in to a CEO.

CEO implies a broader range of responsibilities whereas MD implies focus on running a particular division or country/region of operation, within parameters set down by the CEO and board.

The CEO sometimes sits on the board and sometimes doesn't but always reports into the board and will normally attend all board meetings. The Chairman is responsible for his/her recruitment, appraisal and dismilssal; in larger organisations the SID (senior independent director) also plays a key role there.

For Norwich I think it's more to emphasise that the MD will take charge of all non-football operations whereas the sporting director will take charge of all football-related matters. So the MD is responsible for shoring up the balance sheet, building a fan base (e.g. by lowering prices for under-21s/students), leveraging that fan base for income (through replica shirts, match tickets, highlights packages, targeted base to sell advertising against and so on). The sporting director is accountable for on-the-pitch results and operates within financial parameters set by the Board (after negotiation with them).

At a guess.

Posted By: Old Man on March 18th 2017 at 10:56:28

Message Thread

So what is the difference between a CEO and an MD? (n/m) (NCFC) - CB41, Mar 18, 10:43:12
- CEO is on the board, MD is not which in my opinion is a big mistake. (n/m) (NCFC) - John in Texas, Mar 18, 10:56:41
  - See I've come across companies where the opposite is true. (NCFC) - Rob NCFC, Mar 18, 10:58:01
    - True, I was referring to the old NCFC structure. They have in effect taken a board member (n/m) (NCFC) - John in Texas, Mar 18, 10:59:19
- In business (NCFC) - Old Man, Mar 18, 10:56:28
  - Or this (NCFC) - CWC, Mar 18, 10:58:37
- In Norwich's case (NCFC) - Trent_Canary, Mar 18, 10:48:08
  - Isn't it a conflict of interest though?.. (NCFC) - loz, Mar 18, 10:50:06
    - Depends on the FD, to an extent (NCFC) - Old Man, Mar 18, 11:02:11
    - Yes, which is why you need a CEO to manage the two branches (n/m) (NCFC) - CWC, Mar 18, 10:53:01
    - I assume he will be given a budget? (n/m) (NCFC) - Rob NCFC, Mar 18, 10:50:41
- MD is usually on the board but that's not the case here so pass. (NCFC) - Rob NCFC, Mar 18, 10:47:43
- Letters (n/m) (NCFC) - SCC 28, Mar 18, 10:45:12

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