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Honors & Awards 

Over the years, the National Association of Credit Management Honors and Awards have become an important mechanism by which we recognize our colleagues for the outstanding efforts they have made on behalf of the credit profession. Below find out more about our Honors & Awards Program.


Do you know anyone working in the field of credit management whose professional life displays unquestioned integrity, outstanding and meritorious service in the field, and ongoing dedication to the highest standards of the credit management profession?

Click below to nominate a special credit professional.
Application Period: November 10 – December 19

Award Details

O. D. Glaus Credit Executive of Distinction

In February 2010, a revered leader and visionary within NACM, O. D. Glaus, passed away. NACM can think of no better way to both memorialize and honor O.D. than to continually identify and honor those that reflect his vision, energy, commitment and love for the credit profession. Therefore, in May 2010, the National Honors & Awards Committee, with an endorsement from the National Board of Directors, renamed the National Credit Executive Award the O.D. Glaus Credit Executive of Distinction.

As with the National Credit Executive Award, the O.D. Glaus Credit Executive of Distinction seeks to acknowledge exemplary professionals within the field of credit. The nomination criteria have been honed to seek those that emulate O.D.'s legacy. The award will be bestowed annually in tribute to O.D. and to recognize remarkable professionals within the NACM organization.

Designation of Excellence Awards

The Designation of Excellence Awards were created to honor designation holders at three distinct levels: the CBA, CBF and CCE. Each honoree must have an unrelenting pursuit of excellence through enhanced and improved knowledge. Equally important is the desire to share that knowledge through speaking, teaching or mentoring.

NACM Instructor and Student of the Year Awards

The NACM Instructor of the Year is a person who is not only passionate about sharing their hard-earned knowledge, but also challenging their students for more. The NACM Student of the Year is a person who takes the challenge of hard work, compounded with work, family, professional and civic responsibilities, head on.

Mentor of the Year

Mentor of the Year is a person who is defined as a wise and trusted teacher or guide. For some, guiding, nurturing and motivating those in need is innate.

Strength in Numbers Recognition Award NACM’s strength is in its numbers: Members are the foundation of every association. The NACM Strength in Numbers Awards honor individuals who have given so much to our association. These strong leaders have helped shape our organization, whether through service as a staff member, an Affiliate Manager or an expert outside of the membership arena.

GSCFM Awards

NACM’s Graduate School of Credit and Financial Management awards the programs high achievers every year. Click here to view our 2014 GSCFM Award recipients.

Alice M. H. McGregor Award of Exceptional Achievement

alice mcgregor

This award memorializes one of NACM’s great leaders, Alice M. H. McGregor, CCE.

In her honor, this highly prestigious award recognizes creative approaches and consistently high performance by credit practitioners that benefit the recipient’s company, affiliate, the national organization and the business credit profession. Alice M. H. McGregor award recipients serve as role models; they are leaders rather than followers, set standards for others, and apply their professional expertise outside of their companies.

You need only to look at Alice’s vast and reaching accomplishments to understand what embodies this award: Alice was educated at Edinburgh Business College and the London Graduate School of Business. She was the first woman to receive the CCE designation and graduated from NACM’s Graduate School of Credit & Financial Management in 1978.

She joined Puget Sound Salvage & Equipment Company in the credit department, and by the time it became known as Pacific Industrial Supply Company, she was a co-owner. Ultimately, Alice became the President of Pacific Industrial Supply Company.

She was well known for her dedicated service within her local Affiliate, NACM Business Credit Services in Seattle, Washington, where she was a member for 29 years. She served in many volunteer capacities, including Chairman. She led many seminars, sharing her knowledge and expertise, and was a mentor to everyone she knew. In 1985, NACM Seattle honored her as their Credit Executive of the Year.

She was a leading figure in NACM-CFDD Seattle and was named Credit Woman of the year in 1976. Alice served as National Chairman from 1989 to 1990. When asked about the secret to her success, Alice would always simply say, “hard work.”

View the past recipients.


2014 Recipients

O.D. Glaus Credit Executive of Distinction Award

gary-gaudette This year's O.D. Glaus Credit Executive of Distinction is Gary Gaudette, CCE, ICCE of Hanover, New Hampshire. Gaudette is senior treasury analyst at Hypertherm, Inc. in Hanover. Founded in 1968, Hypertherm specializes in industrial cutting that includes new plasma, laser and waterjet technologies and services. 

Gaudette has been active in the credit field for many years and is a member of NACM New England, an NACM affiliate. As Brandy Sailer-Dow, CICP, receivables specialist, accounting services at Hypertherm, said, "He feels strongly that continuing education is vital to every credit professional's success. He is always available to answer questions and discuss ideas."

Gaudette is an alumnus of NACM's Graduate School of Credit and Financial Management (GSCFM), a certification program that endorses its achievers as capable of managing the credit function at an executive level in the areas of accounting, finance, domestic and international credit concepts, management and law. The program is held each year on the campus of Dartmouth College. In addition, he is an alumnus of Franklin Pierce University in Rindge, where he earned his BS in Management and MBA in Leadership.

His impressive level of volunteering extends to currently serving on the NACM National Board of Directors and the New England Region Board, where he is advisor to the chair and previously held positions as vice chair and director. In addition, he is an active member of NACM's international division, the Finance, Credit and International Business Association (FCIB).

Community involvement is very important to Gaudette resulting in his serving on the boards of organizations such as the United Way, the Mascoma Lake Association, the Enfield Conservation Commission, the Enfield Village Association, Hypertherm HOPE and also serving as a Junior Achievement teacher.

Designation of Excellence Awards

pamela-craikCCE Designation of Excellence Award
Pamela Craik, CCE

The CCE Designation of Excellence Award was presented to Pamela Craik, CCE of West Sacramento, California. Craik is the area credit manager at McKeeson Corporation of West Sacramento, a company founded in 1833 that supplies branded, generic and over-the-counter pharmaceuticals to more than 40,000 customers spanning retail chains, independent retail pharmacies and institutional providers such as hospitals, health systems, integrated delivery networks and long-term care providers.
Craik has been a credit professional for many years. "She is a highly recognized achiever at McKesson," said Karen Schmidt, VP RX Ownership, McKesson Corporation. "Not only does she exceed expected goals and challenges in the credit and finance department, but she is respected by peers, sales and operations departments, and is the go-to person for many financial matters from high level executives." At McKesson she mentored two assistants to earn their CBA designations showing her dedication to education in the field of credit. Personally, she has earned her Credit Business Associate (CBA) and Credit Business Fellow (CBF) in addition to the Certified Credit Executive (CCE) designation.

Her impressive level of volunteering extends to serving as director, CMA Board of Directors from 2013-2014 for the NACM affiliate, the Certified Management Association (CMA). In addition, she was also chair and vice chair for the Northern CA Drug and Healthcare Group and chair for the Sacramento Credit Professional Group. On the local level, she participates in the El Dorado Chamber of Commerce and Gold Oak Union School District.

myra-kingstadCBF Designation of Excellence Award
Myra, Kingstad, CBF

The CBF Designation of Excellence Award singles out an individual who is committed to moving forward in his or her profession through continuing education. The recipient is devoted to the credit profession and strives to excel within the credit community. Myra, Kingstad, CBF of Waukesha, Wisconsin was presented with this year's award.

Kingstad has been at Walter USA since 2007, where in her own words, she likes "troubleshooting, challenges and working with customers." In her association with NACM Midwest-Wisconsin, the local affiliate of NACM, she serves as vice chair of the Advisory Board. Her impressive level of volunteering extends to her membership in the National Association of Professional Women and working with political and charitable groups.

"In all aspects, Myra is committed to the tenets of lifelong learning and professional development," said Phil Lattanzio, CCE, president, NACM Midwest-Wisconsin. In pursuit of furthering her education, she has attended several conferences, webinars and seminars including those highlighting international business topics. In 2009, she earned her CBA, the first step on the credit management designation ladder before going on to earn her CBF designation in 2010.

sheryl-rasmussonCBA Designation of Excellence Award
Sheryl Rasmusson, CBA
Sheryl Rasmusson, CBA of Spokane Valley, Washington is this year's CBA Designation of Excellence award winner. Rasmusson is the office manager at Kilgore Architectural Products, Inc. of Spokane Valley, a commercial contractor specializing in translucent and metal panels, sunshades, architectural louvers, glass canopies and skylights serving Washington, Idaho, Montana and Oregon.

While at Kilgore, Rasmusson has handled all office management responsibilities with an emphasis on credit functions. She is a very active member of the NACM Affiliate, NACM Inland Northwest (NACM INW), serving on its Board of Directors and various committees and task forces. She is currently chairman elect and ready to take the chair position in 2015.

Rasmusson is very proud of her CBA designation which she earned in 2011 through online and self-study programs offered by NACM. "She is a huge advocate for the scholarship program and what it means to those working toward their accreditation," said Jennifer Walsh, CBF, president Honors and Awards Committee, NACM Inland Northwest "She is constantly sharing her experiences on earning her CBA with others and telling them the positive changes it created for her personally and professionally."

Mentor of the Year

patrick-spargurCongratulations to Patrick Spargur, ICCE of Las Vegas, Nevada on receiving the Mentor of the Year Award. Spargur is credit manager at Global Experience Specialists, Inc. of Las Vegas, a worldwide event marketing company specializing in connecting people through live events.

Patrick Spargur is recognized for promoting continuing education and participation in his NACM affiliate, Credit Management Association (CMA) and in his industry trade association, the Gaming Credit Group where he served as group chair from 2011-2014.

"Patrick is willing to sacrifice his time, both work and personal, to teach and enhance the knowledge of his staff and peers in the profession of commercial credit," said Gent Culver, CICP, manager, credit and collections, Investor Relations and Treasury, International Gaming Technology. "He has an 'open door' policy, making himself available at all times...to counsel fellow employees on life issues, helping them and guiding them through personal problems." Marcus Valerio, controller-Americas at Gaming Partners International USA, Inc. said that Spargur "goes out of his way to help with problems, questions and sometimes with general life issues."

Instructor of the Year

jeff-hawkinsJeffrey Hawkins, CCE of Lauderdale, Minnesota is this year's Instructor of the Year award winner. Hawkins is the assistant credit manager at Ferguson Enterprises Inc. of Roseville, a diverse wholesale distributor of residential and commercial plumbing supplies including pipes, valves, fittings, and heating and cooling equipment, serving customers in all 50 states, Puerto Rico, the Caribbean and Mexico since 1953.

For many years, Hawkins has been an instructor and mentor for continuing education classes for Forius NACM North Central, an NACM affiliate. "Jeff's commitment to his students is evident in their successful accomplishment of attaining their CBA credentials," said Toni Nuernberg, CAE, CBA, president/COO of Forius NACM North Central. "Not only does he come to each and every class prepared, but he works between classes to respond to each student's questions or needs to assure everyone successfully completes the course."

"Jeff is passionate about teaching and is committed to his students," said Duane Schwartz, CCE, corporate credit and collections manager of the Tile Shop. "He continually promotes the credit profession and the importance of continuing education and networking."

Student of the Year

angie-monroeThis year's Student of the Year award recipient, Angie Monroe, CBA, of St. George, Utah is a credit analyst at Roofers Supply, Inc. of St. George, a family-owned and operated wholesale supplier of roofing products since 1994, selling to homeowners, contractors and commercial roofing companies.

Pursuing professional development in a post-recession landscape can be a challenge. For Angie Monroe, attending Stevens-Henager College, meant fulfilling her dream of earning her BA in Accounting in May. In the field of credit management, Monroe earned her NACM Credit Business Associate (CBA) in 2011. The CBA designation is NACM's initial professional certification. Individuals earn the CBA by successfully completing three business credit courses (Basic Financial Accounting, Business Credit Principles and Financial Statement Analysis) and then passing a related exam. Over the years, Monroe has also taken several continuing education courses. In Monroe's own words, "NACM is amazing and I love furthering my horizons. I could not have asked for a better experience. I've enjoyed the professional designation path. I've acquired a lot of knowledge and it's been a challenge."

Monroe's career in credit began in 2006 at Roofers Supply as a credit manager, moving up to credit analyst in 2010. She is a member of the Southern Utah Contractors & Building Trades Suppliers Industry Credit Group, serving as chairperson from 2011-2012. Her volunteering at the local level includes raising funds for cancer awareness and combating teenage drug problems.

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