The definition of an executive can vary from one company to the next, but in general an executive is someone who is responsible for the overall management of a company or particular program or activity within a company.
A Product Manager is a specific role within a company that is responsible for overseeing the development and launch of new products. Product Managers work to ensure that products meet the needs of the end user, as well as the company's business objectives. Product Managers may also be responsible for budgeting, market research, and other related activities.
Whether a Product Manager is considered an executive or not depends on the company. Some companies consider the role of Product Manager to be a high-level leadership role and thus consider it equivalent to an executive role. Other companies may classify the Product Manager as a mid-level management position.
In conclusion, whether a Product Manager is an executive or not will vary from company to company. Generally speaking, if the Product Manager is expected to carry out high-level tasks such as budgeting and strategic planning, then the role could be considered equivalent to an executive role.