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Tung Quoc Posted 20 years ago
Grammar

doubt

Please read:

'It's a realisation by everybody that they're not just citizens and workers, but they're shareholders: they're capitalists as well,' says Pitt-Watson, for many years managing director of Hermes, which runs a number of large pension funds, including BT's.

1/ What does managing director mean?

What is the difference in meaning between managing director and CEO?

2/ What does Hermes mean?

3/ BT's = BT's pension fund. Right?

Quoc
  

Top answer

There is no end to the number of job titles that people invent so they can look important! Many of these titles are nearly interchangeable, and many of them take on their specific meaning only in the context of the company in which they work. A managing director is usually lower in the business hierarchy than a CEO, who is the highest.

  • There is no end to the number of job titles that people invent so they can look important!
  • Many of these titles are nearly interchangeable, and many of them take on their specific meaning only in the context of the company in which they work.
  • A managing director is usually lower in the business hierarchy than a CEO, who is the highest.
  • Hermes is the name of a company.
  • It doesn't mean anything.
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3 Answers
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There is no end to the number of job titles that people invent so they can look important! Emotion: smile Many of these titles are nearly inte
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Hi,

1/ What is the subject of runs? Pitt-Watson or Helmes?

2/ It's a realisation..... = It's realisation.... ? (in this context)
If not, what is the difference in meaning between them?

Quoc
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1/ Hermes
2/ It's a realisation.....

Only this is one is seen used.

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