Managing directors have the highest rank within the company and have the authority to fire the executive director. If the company lacks a managing director or CEO, the executive director takes the spot as the highest-ranking company official. The executive director must answer to all superior managers.
Did Steve Jobs leave his daughter any money?
Lisa Brennan-Jobs, now a 42 year old author and a Harvard graduate, had a different experience growing up with her father than her half-siblings. After his death, Steve Jobs did make sure to leave Lisa with a multi-million dollar inheritance.