In testing domain following are the few examples of managerial jobs that can be equally satisfying.
1) Test Lead
2) Test Manager
3) Director of Quality
4) Internal Consultant
5) External Consultant
Good Testers usually find better opportunities of promotion outside testing. It is well known that compared to the programmers, the testers usually get a broader view of the product. Testers get opportunity of dealing with leads & senior managers in most of the software-related matters of the company. Due to such an exposure with senior management, many skilled testers or managers get good opportunities to migrate into many respectable management positions, like the following:
1) Program Manager
2) Project Manager
3) Technical Support Manager
4) Product Manager
(In case you happen to be a domain experts possessing good technical skills)
5) Documentation Group Manager
6) Sales Support Manager
(For sophisticated software products)
Sales support managers usually accompany sales personnel and are experts in addressing technical issues raised during sales meetings and are responsible to develop prototypes of the product along-with the customer)
Under managerial stream there is another sub-stream of "Process Management" that is usually followed by some testers. It includes roles like:
1) Software Metrics Specialist
2) Software Process Improvement Specialist
One should pursue the process management stream with lot of homework & care. Reason being - process management positions are not directly linked to the profitability or the development of the software product.
Moreover process management positions are a bit risky from the point of view of job stability. Such people are more vulnerable to pink slips. Generally lowly qualified people occupy such positions. Hence it is better to work for some time in areas like testing, programming, and marketing before deciding to take up a position of Metrics Specialist or Process Improvement Specialist.
If you're not sure whether our advice applies to your culture, talk with some experienced colleagues.