diff --git a/rclcpp/include/rclcpp/executor.hpp b/rclcpp/include/rclcpp/executor.hpp
index fcc48da055..ceba28e49f 100644
--- a/rclcpp/include/rclcpp/executor.hpp
+++ b/rclcpp/include/rclcpp/executor.hpp
@@ -407,6 +407,10 @@ class Executor
   bool
   is_spinning();
 
+  RCLCPP_PUBLIC
+  virtual std::string
+  get_class_name() const = 0;
+
 protected:
   /// Constructor that will not initialize any non-trivial members.
   /**
diff --git a/rclcpp/include/rclcpp/executors/multi_threaded_executor.hpp b/rclcpp/include/rclcpp/executors/multi_threaded_executor.hpp
index 119013ebfb..b130519ec6 100644
--- a/rclcpp/include/rclcpp/executors/multi_threaded_executor.hpp
+++ b/rclcpp/include/rclcpp/executors/multi_threaded_executor.hpp
@@ -19,6 +19,7 @@
 #include <memory>
 #include <mutex>
 #include <set>
+#include <string>
 #include <thread>
 #include <unordered_map>
 
@@ -73,6 +74,10 @@ class MultiThreadedExecutor : public rclcpp::Executor
   size_t
   get_number_of_threads();
 
+  RCLCPP_PUBLIC
+  std::string
+  get_class_name() const override;
+
 protected:
   RCLCPP_PUBLIC
   void
diff --git a/rclcpp/include/rclcpp/executors/single_threaded_executor.hpp b/rclcpp/include/rclcpp/executors/single_threaded_executor.hpp
index 9dc6dec57b..ca2b971325 100644
--- a/rclcpp/include/rclcpp/executors/single_threaded_executor.hpp
+++ b/rclcpp/include/rclcpp/executors/single_threaded_executor.hpp
@@ -20,6 +20,7 @@
 #include <cassert>
 #include <cstdlib>
 #include <memory>
+#include <string>
 #include <vector>
 
 #include "rclcpp/executor.hpp"
@@ -65,6 +66,10 @@ class SingleThreadedExecutor : public rclcpp::Executor
   void
   spin() override;
 
+  RCLCPP_PUBLIC
+  std::string
+  get_class_name() const override;
+
 private:
   RCLCPP_DISABLE_COPY(SingleThreadedExecutor)
 };
diff --git a/rclcpp/include/rclcpp/experimental/executors/events_executor/events_executor.hpp b/rclcpp/include/rclcpp/experimental/executors/events_executor/events_executor.hpp
index aede14dbc9..93b3cba4b1 100644
--- a/rclcpp/include/rclcpp/experimental/executors/events_executor/events_executor.hpp
+++ b/rclcpp/include/rclcpp/experimental/executors/events_executor/events_executor.hpp
@@ -18,6 +18,7 @@
 #include <atomic>
 #include <chrono>
 #include <memory>
+#include <string>
 #include <vector>
 
 #include "rclcpp/executor.hpp"
@@ -126,6 +127,10 @@ class EventsExecutor : public rclcpp::Executor
   void
   spin_all(std::chrono::nanoseconds max_duration) override;
 
+  RCLCPP_PUBLIC
+  std::string
+  get_class_name() const override;
+
 protected:
   /// Internal implementation of spin_once
   RCLCPP_PUBLIC
diff --git a/rclcpp/src/rclcpp/executors/multi_threaded_executor.cpp b/rclcpp/src/rclcpp/executors/multi_threaded_executor.cpp
index 378fdfb8fa..a2eb694eb3 100644
--- a/rclcpp/src/rclcpp/executors/multi_threaded_executor.cpp
+++ b/rclcpp/src/rclcpp/executors/multi_threaded_executor.cpp
@@ -78,6 +78,12 @@ MultiThreadedExecutor::get_number_of_threads()
   return number_of_threads_;
 }
 
+std::string
+MultiThreadedExecutor::get_class_name() const
+{
+  return "MultiThreadedExecutor";
+}
+
 void
 MultiThreadedExecutor::run([[maybe_unused]] size_t this_thread_number)
 {
diff --git a/rclcpp/src/rclcpp/executors/single_threaded_executor.cpp b/rclcpp/src/rclcpp/executors/single_threaded_executor.cpp
index 689bbae398..b0f8507146 100644
--- a/rclcpp/src/rclcpp/executors/single_threaded_executor.cpp
+++ b/rclcpp/src/rclcpp/executors/single_threaded_executor.cpp
@@ -43,3 +43,9 @@ SingleThreadedExecutor::spin()
     }
   }
 }
+
+std::string
+SingleThreadedExecutor::get_class_name() const
+{
+  return "SingleThreadedExecutor";
+}
diff --git a/rclcpp/src/rclcpp/experimental/executors/events_executor/events_executor.cpp b/rclcpp/src/rclcpp/experimental/executors/events_executor/events_executor.cpp
index 4a3f8f796f..07c06bb924 100644
--- a/rclcpp/src/rclcpp/experimental/executors/events_executor/events_executor.cpp
+++ b/rclcpp/src/rclcpp/experimental/executors/events_executor/events_executor.cpp
@@ -240,6 +240,11 @@ EventsExecutor::spin_once_impl(std::chrono::nanoseconds timeout)
   }
 }
 
+std::string
+EventsExecutor::get_class_name() const
+{
+  return "EventsExecutor";
+}
 
 void
 EventsExecutor::execute_event(const ExecutorEvent & event)
diff --git a/rclcpp/test/rclcpp/executors/test_executors_callback_group_behavior.cpp b/rclcpp/test/rclcpp/executors/test_executors_callback_group_behavior.cpp
index 49391cd838..21b692deac 100644
--- a/rclcpp/test/rclcpp/executors/test_executors_callback_group_behavior.cpp
+++ b/rclcpp/test/rclcpp/executors/test_executors_callback_group_behavior.cpp
@@ -42,6 +42,11 @@ class CustomExecutor : public rclcpp::Executor
 
   void spin() override {}
 
+  std::string get_class_name() const override
+  {
+    return "CustomExecutor";
+  }
+
   void collect()
   {
     this->collect_entities();
diff --git a/rclcpp/test/rclcpp/test_executor.cpp b/rclcpp/test/rclcpp/test_executor.cpp
index 46ed2969cc..00bf71613b 100644
--- a/rclcpp/test/rclcpp/test_executor.cpp
+++ b/rclcpp/test/rclcpp/test_executor.cpp
@@ -47,6 +47,11 @@ class DummyExecutor : public rclcpp::Executor
   {
   }
 
+  std::string get_class_name() const override
+  {
+    return "DummyExecutor";
+  }
+
   void spin_nanoseconds(rclcpp::node_interfaces::NodeBaseInterface::SharedPtr node)
   {
     spin_node_once_nanoseconds(node, std::chrono::milliseconds(100));
diff --git a/rclcpp_components/include/rclcpp_components/component_manager.hpp b/rclcpp_components/include/rclcpp_components/component_manager.hpp
index 34b2ea4d39..82d60b1951 100644
--- a/rclcpp_components/include/rclcpp_components/component_manager.hpp
+++ b/rclcpp_components/include/rclcpp_components/component_manager.hpp
@@ -90,6 +90,20 @@ class ComponentManager : public rclcpp::Node
   using ComponentResource = std::pair<std::string, std::string>;
 
   /// Default constructor
+  /**
+   * Initializes the component manager. It creates the services: load node, unload node
+   * and list nodes. Initialize executor after construction using set_executor.
+   *
+   * \param executor the executor which will spin the node.
+   * \param node_name the name of the node that the data originates from.
+   * \param node_options additional options to control creation of the node.
+   */
+  RCLCPP_COMPONENTS_PUBLIC
+  ComponentManager(
+    std::string node_name = "ComponentManager",
+    const rclcpp::NodeOptions & node_options = rclcpp::NodeOptions());
+
+  /// Constructor with executor
   /**
    * Initializes the component manager. It creates the services: load node, unload node
    * and list nodes.
@@ -100,12 +114,9 @@ class ComponentManager : public rclcpp::Node
    */
   RCLCPP_COMPONENTS_PUBLIC
   ComponentManager(
-    std::weak_ptr<rclcpp::Executor> executor =
-    std::weak_ptr<rclcpp::executors::MultiThreadedExecutor>(),
+    std::weak_ptr<rclcpp::Executor> executor,
     std::string node_name = "ComponentManager",
-    const rclcpp::NodeOptions & node_options = rclcpp::NodeOptions()
-    .start_parameter_services(false)
-    .start_parameter_event_publisher(false));
+    const rclcpp::NodeOptions & node_options = rclcpp::NodeOptions());
 
   RCLCPP_COMPONENTS_PUBLIC
   virtual ~ComponentManager();
diff --git a/rclcpp_components/src/component_container.cpp b/rclcpp_components/src/component_container.cpp
index cc5018ef3a..2de3adf4bf 100644
--- a/rclcpp_components/src/component_container.cpp
+++ b/rclcpp_components/src/component_container.cpp
@@ -23,8 +23,32 @@ int main(int argc, char * argv[])
 {
   /// Component container with a single-threaded executor.
   rclcpp::init(argc, argv);
-  auto exec = std::make_shared<rclcpp::executors::SingleThreadedExecutor>();
-  auto node = std::make_shared<rclcpp_components::ComponentManager>(exec);
+
+  std::shared_ptr<rclcpp::Executor> exec;
+  auto node = std::make_shared<rclcpp_components::ComponentManager>();
+
+  const auto exec_type = node->get_parameter("executor_type").as_string();
+  if (exec_type == "SingleThreadedExecutor" || exec_type == "No Executor") {
+    // Default executor for ComponentContainer is SingleThreadedExecutor, because of
+    // backward compatibility.
+    exec = std::make_shared<rclcpp::executors::SingleThreadedExecutor>();
+  } else if (exec_type == "MultiThreadedExecutor") {
+    if (node->has_parameter("thread_num")) {
+      const auto thread_num = node->get_parameter("thread_num").as_int();
+      exec = std::make_shared<rclcpp::executors::MultiThreadedExecutor>(
+          rclcpp::ExecutorOptions{}, thread_num);
+    } else {
+      exec = std::make_shared<rclcpp::executors::MultiThreadedExecutor>();
+    }
+  } else if (exec_type == "EventsExecutor") {
+    exec = std::make_shared<rclcpp::experimental::executors::EventsExecutor>();
+  } else {
+    RCLCPP_ERROR(node->get_logger(), "Unknown executor type %s", exec_type.c_str());
+    return 1;
+  }
+
+  node->set_executor(exec);
+
   exec->add_node(node);
   exec->spin();
 
diff --git a/rclcpp_components/src/component_container_event.cpp b/rclcpp_components/src/component_container_event.cpp
index f693281023..361ec529b2 100644
--- a/rclcpp_components/src/component_container_event.cpp
+++ b/rclcpp_components/src/component_container_event.cpp
@@ -19,12 +19,22 @@
 
 #include "rclcpp_components/component_manager.hpp"
 
+[[deprecated("component_container_event is deprecated and will be removed "
+             "in the next version. Use 'ros2 run rclcpp_components "
+             "component_container --ros-args -p executor_type:=EventsExecutor' "
+             "instead.")]]
 int main(int argc, char * argv[])
 {
   /// Component container with an events executor.
   rclcpp::init(argc, argv);
   auto exec = std::make_shared<rclcpp::experimental::executors::EventsExecutor>();
   auto node = std::make_shared<rclcpp_components::ComponentManager>(exec);
+
+  RCLCPP_WARN(node->get_logger(),
+      "component_container_event is depracated and will be removed "
+      "in the next version. use 'ros2 run rclcpp_components "
+      "component_container --ros-args -p executor_type:=EventsExecutor'.");
+
   exec->add_node(node);
   exec->spin();
 
diff --git a/rclcpp_components/src/component_container_mt.cpp b/rclcpp_components/src/component_container_mt.cpp
index 9675f9a7a7..2ee1decc86 100644
--- a/rclcpp_components/src/component_container_mt.cpp
+++ b/rclcpp_components/src/component_container_mt.cpp
@@ -19,6 +19,11 @@
 
 #include "rclcpp_components/component_manager.hpp"
 
+[[deprecated("component_container_event is depracated and will be removed "
+      "in the next version. use 'ros2 run rclcpp_components "
+      "component_container --ros-args -p executor_type:="
+      "MultiThreadedExecutor'."
+)]]
 int main(int argc, char * argv[])
 {
   /// Component container with a multi-threaded executor.
@@ -34,6 +39,13 @@ int main(int argc, char * argv[])
   } else {
     node->set_executor(exec);
   }
+
+  RCLCPP_WARN(node->get_logger(),
+      "component_container_event is depracated and will be removed "
+      "in the next version. use 'ros2 run rclcpp_components "
+      "component_container --ros-args -p executor_type:="
+      "MultiThreadedExecutor'.");
+
   exec->add_node(node);
   exec->spin();
 
diff --git a/rclcpp_components/src/component_manager.cpp b/rclcpp_components/src/component_manager.cpp
index ac2df6d812..62e83ecec1 100644
--- a/rclcpp_components/src/component_manager.cpp
+++ b/rclcpp_components/src/component_manager.cpp
@@ -46,11 +46,9 @@ namespace rclcpp_components
 {
 
 ComponentManager::ComponentManager(
-  std::weak_ptr<rclcpp::Executor> executor,
   std::string node_name,
   const rclcpp::NodeOptions & node_options)
-: Node(std::move(node_name), node_options),
-  executor_(executor)
+: Node(std::move(node_name), node_options)
 {
   loadNode_srv_ = create_service<LoadNode>(
     "~/_container/load_node",
@@ -75,6 +73,22 @@ ComponentManager::ComponentManager(
     this->declare_parameter(
       "thread_num", static_cast<int64_t>(std::thread::hardware_concurrency()), desc);
   }
+
+  rcl_interfaces::msg::ParameterDescriptor exec_type_desc{};
+  exec_type_desc.description = "Type of executor used for ComponentManager";
+  exec_type_desc.type = rclcpp::PARAMETER_STRING;
+  // The value is changed only within set_executor. It cannot be changed externally.
+  exec_type_desc.read_only = true;
+  this->declare_parameter("executor_type", "No Executor", exec_type_desc);
+}
+
+ComponentManager::ComponentManager(
+  std::weak_ptr<rclcpp::Executor> executor,
+  std::string node_name,
+  const rclcpp::NodeOptions & node_options)
+: ComponentManager::ComponentManager(node_name, node_options)
+{
+  this->set_executor(executor);
 }
 
 ComponentManager::~ComponentManager()
@@ -243,6 +257,10 @@ void
 ComponentManager::set_executor(const std::weak_ptr<rclcpp::Executor> executor)
 {
   executor_ = executor;
+  if (auto exec = executor_.lock()) {
+    rclcpp::Parameter exec_type("executor_type", exec->get_class_name());
+    auto result = this->set_parameter(exec_type);
+  }
 }
 
 void