Chief executive officer and Managing director

Chief executive officer noun - The corporate executive responsible for the operations of the firm; reports to a board of directors; may appoint other managers (including a president).

Managing director and chief executive officer are semantically related. In some cases you can use "Managing director" instead a noun phrase "Chief executive officer".

Managing director noun - Someone who controls resources and expenditures.

Chief executive officer and managing director are semantically related. You can use "Chief executive officer" instead a noun phrase "Managing director".