Wiktionary
n. (context US English) An employment title, of varying meaning, common in entertainment, computing and many other industries; often a person in charge of other producers.
Wikipedia
An executive producer (EP) enables the making of a commercial entertainment product. The EP may be concerned with management accounting and/or with associated legal issues (like copyrights or royalties). An EP generally contributes to the film's budget and may or may not work on set.
Usage examples of "executive producer".
I'm the executive producer, and they've been asking me to look at films of different actors, and asked me to look at Foxworth.
He didn't look like a man who made, as executive producer of one of the country's most popular TV newsmagazines, over one million dollars a year.
The bureaus in London, Paris, Rome, Berlin and Moscow'11 feed you leads and you and the executive producer will make your decisions on what you want to go after.
Matheson has also scripted several Hollywood movies (including the comedy-thriller _Loose Cannons_ with his father), and he is co-writer and co-executive producer on the werewolf movie, _Full Eclipse_.
I made certain threats and the executive producer made certain threats.