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28
UNIT 3
DIRECTORS AND MANAGERS
As a rule a private company has only one director.
A public company must have at least two directors.
Usually there is no upper limit on the number of directors a public company
may have. The company’s note-paper must list either all or none of the names of
its directors.
A limited liability company or a corporation is headed by the board of direc-
tors elected by shareholders. The directors appoint one of their number to the posi-
tion of managing director to be in charge of the day-to-day running of the compa-
ny. In large organizations managing director is often assisted by general manager.
Some companies also have assistant general managers. Many directors have depu-
ties who are named deputy directors.
Directors need not be shareholders. They are responsible for the management of
a company’s affairs. They are not subject to any residence or nationality restrictions.
Big companies have many managers heading departments. They are all re-
sponsible to be managing director. Among varions departmental managers the fol-
lowing can be mentioned:
– sales manager;
– personnel manager;
– chief manager;
– district manager;
– sales and marketing manager;
– industrial engineering manager etc.
Vocabulary
private частный
public публичный
upper верхний
upper limit верхний предел
to list вносить в список
to head возглавлять
board совет
board of directors совет директоров
to elect выбирать
to appoint назначать
to be in charge of smth. заведовать чем-либо
отвечать за что-либо
to run the company управлять компанией
to assist помогать
assistant помощник
assistant manager помощник управляющего
deputy заместитель
UNIT 3 DIRECTORS AND MANAGERS As a rule a private company has only one director. A public company must have at least two directors. Usually there is no upper limit on the number of directors a public company may have. The company’s note-paper must list either all or none of the names of its directors. A limited liability company or a corporation is headed by the board of direc- tors elected by shareholders. The directors appoint one of their number to the posi- tion of managing director to be in charge of the day-to-day running of the compa- ny. In large organizations managing director is often assisted by general manager. Some companies also have assistant general managers. Many directors have depu- ties who are named deputy directors. Directors need not be shareholders. They are responsible for the management of a company’s affairs. They are not subject to any residence or nationality restrictions. Big companies have many managers heading departments. They are all re- sponsible to be managing director. Among varions departmental managers the fol- lowing can be mentioned: – sales manager; – personnel manager; – chief manager; – district manager; – sales and marketing manager; – industrial engineering manager etc. Vocabulary private частный public публичный upper верхний upper limit верхний предел to list вносить в список to head возглавлять board совет board of directors совет директоров to elect выбирать to appoint назначать to be in charge of smth. заведовать чем-либо отвечать за что-либо to run the company управлять компанией to assist помогать assistant помощник assistant manager помощник управляющего deputy заместитель 28
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