manageress vs managing director

manageress and managing director both are nouns.

Word	Noun	Adjective	Verb	Adverb
manageress	Yes	No	No	No
managing director	Yes	No	No	No

As nouns, managing director is a hypernym of manageress; that is, managing director is a word with a broader meaning than manageress:

Other hypernyms of manageress include director, manager, adult female, woman.

manageress (noun)	managing director (noun)
a woman manager	someone who controls resources and expenditures