Also means
chief executive
Usage Note
Geschäftsführer denotes the legal representative of a GmbH (limited liability company) or similar organisation. Unlike Vorstand (board member of an AG), the Geschäftsführer has direct managerial authority.
Examples
"Der Geschäftsführer der städtischen Wohnungsgesellschaft trat zurück."
Natural Translation
The managing director of the municipal housing company resigned.
Literal Translation
The managing-director of-the municipal housing-company stepped back.

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