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Managing editor

A managing editor is a senior member of a publication's management team.

In the United States, a managing editor oversees and coordinates the publication's editorial activities. The position is generally the second highest in rank (after the editor-in-chief, also called "executive editor").

In the United Kingdom a managing editor tends to manage budget, staffing, and scheduling for a publication, and may have equivalent ranking to a deputy editor in the organization's structure.

The title also applies to the evening televised newscasts, such as those on ABC, CNN, CBS, NBC and the FOX News Channel. The anchors of these newscasts also work as the managing editor of their newscasts. Responsibilities vary in different companies.

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http://en.wikipedia.org/w/index.php?title=Managing_editor