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Managing Director Jobs in Michigan (NOW HIRING)

Hotel Investment Services

Managing Director

Petoskey, MI · On-site

$140 - $210/hr

The Managing Director serves as the strategic and operational leader of Cotton Collection Northern Michigan, overseeing The Hotel Perry, Bay View Inn, Crooked River Lodge, Pier Restaurant, and ...

Northern Trust

Senior Managing Director

Grand Rapids, MI

$195K - $342K/yr

SENIOR MANAGING DIRECTOR, WEALTH MANAGEMENT OH: R153543 Responsible for oversight and management of a Wealth Management team with consolidated annual revenues equal to or exceeding a level determined ...

Northern Trust

Senior Managing Director

Grand Rapids, MI · On-site

$195K - $342K/yr

SENIOR MANAGING DIRECTOR, WEALTH MANAGEMENT OH: R153543 Responsible for oversight and management of a Wealth Management team with consolidated annual revenues equal to or exceeding a level determined ...

Vestian

Managing Director, Brokerage

Detroit, MI · On-site

About the Role We are seeking a Managing Director to join our Detroit location at Vestian. You will oversee large-scale business development initiatives, cultivate key client relationships, negotiate ...

City Year

Managing Director of Development

Detroit, MI · On-site

$100K - $120K/yr

City Year Detroit is seeking an experienced fundraising professional with an entrepreneurial mindset to lead its development efforts as Managing Director of Development (MDD). The ideal candidate is ...

Cityyear

Managing Director of Development

Detroit, MI · On-site +1

$100K - $120K/yr

City Year Detroit is seeking an experienced fundraising professional with an entrepreneurial mindset to lead its development efforts as Managing Director of Development (MDD). The ideal candidate is ...

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All JobsManaging JobsManaging Director JobsManaging Director Jobs in Michigan

Managing Director information

See Michigan salary details

$20.5K

$105.9K

$165.2K

How much do managing director jobs pay per year?

As of Jul 30, 2026, the average yearly pay for managing director in Michigan is $105,918.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,800.00 and $128,600.00 per year, depending on experience, location, and employer.

What Is a Managing Director?

A managing director is the most senior position at a business. You have the final say on all company actions and are ultimately responsible for all decisions made by the company. You are the liaison between a company’s upper management and the board. You make frequent reports to the chairperson and board. Unlike the CEO, you oversee the management and daily operations of the company; your duties include implementing new policies, protocols, or directives, paying close attention to how these decisions affect budgets and profitability. You are also the one who chooses and leads a board of directors.

What is the difference between Managing Director vs Chief Executive Officer?

AspectManaging DirectorChief Executive Officer
CredentialsTypically requires extensive industry experience, often with a background in business management or related fieldsUsually holds similar credentials, often with advanced degrees like an MBA or equivalent experience
Work EnvironmentOperates within the company's executive team, often focusing on daily operations and strategic implementationOversees the entire organization, setting strategic vision and representing the company externally
Employer & Industry UsageCommonly used in European and Asian companies; in some industries, the Managing Director is equivalent to a CEOWidely used globally, especially in North America, as the top executive role

The main difference lies in their scope and regional usage. A Managing Director often focuses on operational management within the company, especially in European contexts, while a CEO is generally the highest-ranking executive responsible for overall strategic direction worldwide.

What are Managing Directors?

Managing Directors are senior executives responsible for overseeing the overall operations and performance of an organization or a major division within a company. They develop strategic plans, set business goals, and ensure that all departments work effectively to achieve these objectives. Managing Directors often report directly to the board of directors and represent the company in high-level meetings and negotiations. Their leadership is crucial for driving growth, profitability, and long-term success.

What are the key skills and qualifications needed to thrive as a Managing Director, and why are they important?

To thrive as a Managing Director, you need exceptional leadership, strategic planning, and financial management skills, often supported by an advanced degree in business or a related field. Familiarity with enterprise resource planning (ERP) systems, financial analysis tools, and industry-specific software is typically required. Outstanding communication, decision-making, and stakeholder management skills help distinguish top performers in this role. These competencies are crucial for setting organizational direction, driving growth, and ensuring operational excellence.

What jobs make $3,000 a day?

Managing Directors in large corporations or investment banking can earn $3,000 or more per day through high salaries, bonuses, and profit sharing. Other high-paying roles include specialized surgeons, top-tier lawyers, and successful entrepreneurs, often requiring advanced skills, extensive experience, and significant responsibility.

What jobs pay $500,000 a year in the US?

Managing Directors, especially in finance, investment banking, or private equity, can earn $500,000 or more annually through base salary, bonuses, and profit sharing. Executive roles such as CEOs and CFOs in large corporations also often reach or exceed this compensation level, typically requiring extensive experience, leadership skills, and advanced education. High-level sales executives and specialized medical professionals in private practice may also achieve this income range with significant performance and client base.

How much should a managing director earn?

Managing directors typically earn a salary that varies based on industry, company size, and location, with median annual pay ranging from $150,000 to over $300,000. In addition to base salary, they often receive bonuses, stock options, and other incentives, reflecting their leadership responsibilities and experience levels.

What do you do as a managing director?

A managing director is responsible for overseeing the overall operations and strategic direction of a company or division. They make high-level decisions, manage senior leadership, and ensure business goals are met, often working closely with other executives and stakeholders. Strong leadership, decision-making skills, and industry knowledge are essential in this role.

What are some common challenges a Managing Director may face when leading a diverse executive team?

Managing Directors often oversee teams composed of leaders from various departments, each with their own priorities and perspectives. One common challenge is aligning these leaders towards shared organizational objectives while balancing individual department goals. Effective communication, conflict resolution, and strategic decision-making are essential for fostering collaboration and ensuring that all departments work cohesively. Additionally, Managing Directors must stay agile to adapt to market changes and lead the organization through periods of growth or transformation.
More about Managing Director jobs
What are the most commonly searched types of Managing jobs in Michigan? The most popular types of Managing jobs in Michigan are:
What are popular job titles related to Managing Director jobs in Michigan? For Managing Director jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Managing Director jobs in Michigan look for? The top searched job categories for Managing Director jobs in Michigan are:
What cities in Michigan are hiring for Managing Director jobs? Cities in Michigan with the most Managing Director job openings:
Managing Director jobs near you
Infographic showing various Managing Director job openings in Michigan as of July 2026, with employment types broken down into 95% Full Time, and 5% Contract. Highlights an 100% In-person job distribution, with an average salary of $105,918 per year, or $50.9 per hour.

Managing Director

Hotel Investment Services

Petoskey, MI • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 18 days ago

Job description

Managing Director
Department: Operations
Reports to: Chief Operating Officer
Job Type: Full-Time, Exempt
Job Summary:
The Managing Director serves as the strategic and operational leader of Cotton Collection Northern Michigan, overseeing The Hotel Perry, Bay View Inn, Crooked River Lodge, Pier Restaurant, and Weathervane Restaurant. Provide strategic planning and oversight of all operations, including sales and marketing. Responsible for achieving all KPI's with revenue and profit. Ensure the guest experience aligns with the iconic properties through activations and creative planning.
The leader maintains a highly visible, hands-on leadership style, providing direct support to teams where needed, ensuring service excellence, and fostering a culture of accountability and performance while balancing strategic leadership with day-to-day operational involvement.
We believe that our employees make the difference. Their ideas, work ethic, and approach to quality and service make our company so successful. We love individuality and people who are genuinely inspired to provide great service. Cotton Collection offers a competitive benefit package; our goal is to hire talented individuals with a passion for hospitality.
Responsibilities:
Operations & Guest Experience
  • Conduct daily property walks to monitor condition, cleanliness, and operational discipline.
  • Oversee a complex, multi-outlet food and beverage operation, including fine dining restaurants, bar/lounge concepts, seasonal outlets, in-room dining, and a large banquet and catering operation.
  • Champion innovation and excellence across all guest touchpoints.
  • Maintain a consistent on-property presence, including regular floor walks and direct engagement with guests and teams.
  • Drive measurable improvements in ratings and online reputation metrics, supported by clear performance data.
  • Translate guest experience performance metrics into clear action plans and structured ownership reporting.
  • Verifies and evaluates that property business plans and employees are aligned with brand business strategies, holding property leadership team accountable for successful delivery of business plans and enhancements.

Financial Performance & Revenue Growth
  • Drive top-line revenue growth, effective labor management, and disciplined expense control.
  • Partner closely with Sales and Marketing, and Revenue Management to strengthen market share, rate integrity, and long-term positioning.
  • Ensure disciplined financial analysis and transparent departmental reporting, enabling data-driven decision-making and clear visibility for Ownership.
  • Verifies that property operates within budgetary guidelines, and achieves profit margin goals

People & Culture
  • Recruit, develop, and retain a high-performing leadership team.
  • Coach and mentor department heads, holding leaders accountable for results, engagement, and service culture.
  • Ensure all associate matters are handled professionally and in alignment with company policies and best practices.
  • Promote open communication, inclusion, and a positive work environment.
  • Hold leaders accountable through clear goals, performance tracking, and regular review cadence with timely corrective action where required.

Market & Brand Leadership
  • Actively represent the hotel within the Northern MI hospitality, business, and social community.
  • Maintain strong relationships with key stakeholders, clients, and partners.
  • Demonstrate a full understanding of the Northern MI hotel market, competitive landscape, demand drivers, and seasonality.
  • Work in close alignment with Ownership on strategic brand and concept initiatives to ensure shared vision and consistency
  • Perform other duties as assigned

Requirements:
  • At least 3-5 years of leadership experience as a General Manager or Managing Director at a Luxury, Boutique, or Historic property.
  • Experience developing and managing capital projects.
  • Demonstrated facilitation of organizational change management, particularly in a long-standing, traditional resort or property.
  • Immersion in all hotel divisions with a prior concentration on Food & Beverage.
  • Prior experience managing transitions and ownership changes.

Knowledge, Skills & Abilities:
  • Proven record of success in financial performance, guest satisfaction, and team development.
  • Strong business acumen, emotional intelligence, and ability to lead with warmth and authenticity
  • Deep understanding of the hospitality market and high-touch service culture
  • Proficient in leading revenue growth and profit enhancement through efficient and streamlined operations
  • Experience in problem-solving with the ability to handle multiple complex tasks in parallel
  • Proficiency in MS Office (Word, Excel, Outlook).
  • Ability to build rapport with employees by fostering an environment of open communication and spending time with employees on the front lines.
  • Ability to emphasize and hold leadership teams accountable for addressing service failures or potential service failures, and for developing innovative ways to exceed guest expectations.
  • Ability to utilize guest/customer feedback to recognize outstanding employee service performance and improve service delivery.

Benefits:
  • Health, Dental and Vision insurance
  • Short Term Disability
  • 401K with employer matching
  • Paid time off

Physical Setting:
  • Office

Ability to Commute:
  • Petoskey, MI (Preferred)

Ability to Relocate:
  • Petoskey, MI: Relocate before starting work (Required)

Work Location: In person

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