The term 'Slangy Executive' refers to a person who is in a high-level position, such as a CEO or other executive, but who speaks in a casual, informal manner. This type of executive is often seen as someone who is approachable and relatable, and who is able to connect with their employees on a more personal level. The crossword solution for this term is 'SUIT, ' which is a reference to the type of clothing that executives typically wear.