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Media Contact: Caroline Zimmerman, Editorial Director, 410-740-5560, carolinez@nacm.org

Houston-Area Business Credit Executive Val Venable Honored with National Association of Credit Management Award

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June 12, 2013: Columbia, Maryland—The National Association of Credit Management (NACM) honored Val Venable, CCE of Houston, Texas (Meyer Park/Willowdrome area) with the 2013 Alice M.H. McGregor Award during its 117th Annual Credit Congress and Exposition, held in Las Vegas, Nevada, May 19-22, 2013. NACM’s highest honor is the Alice McGregor Achievement Award, which memorializes one of NACM’s great leaders. This prestigious award recognizes creative approaches and consistent high performance that benefit the recipient’s company, affiliate, the national organization and the business credit profession. The award acknowledges exceptional achievement and an outstanding record of contributions to the profession. Award recipients serve as role models, set standards for others and apply their professional expertise outside of their companies. NACM was proud to present this award to Venable, who is the director of credit for Ascend Performance Materials, manufacturers of polyamide raw white and solution dyed fibers and filaments for textile and carpet yarn applications in Houston.

Venable has decades of service and accomplishments with NACM. Most recently, she testified at a May 21 hearing of the American Bankruptcy Institute’s Commission to Study the Reform of Chapter 11 held at NACM’s Credit Congress. Venable was one of three panelists that spoke about the problems that unsecured creditors have in dealing with the Bankruptcy Code’s Section 547 preference provisions.

Salt Lake City Credit Professional, Douglas Darrington, Receives Instructor of the Year Award from the National Association of Credit Management

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June 12, 2013: Columbia, MD—The National Association of Credit Management (NACM) honored Douglas Darrington, CCE of Magna, Utah as the 2013 Instructor of the Year during the association's 117th Annual Credit Congress and Exposition, held in Las Vegas, Nevada, May 19-22, 2013. Darrington is credit manager for Kilgore Companies LCC of Magna, a company specializing in road, utility and site construction, excavation and the maintenance of asphalt.

At Kilgore, is responsible for all credit functions in five company divisions across three states. Coworker Brian Hall praised Darrington saying, "This past year, [he and] his team reduced accounts receivables greater than 90 days by seven percent. This reduction is a direct result of his management and instruction skills. He brings the best out in his employees and takes the time to teach them."

Chicago-Area Business Credit Professional Denise Moller Honored as Student of the Year

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June 11, 2013: Columbia, MD—The National Association of Credit Management (NACM) honored Denise Moller, CCE, ICCE of Darien, Illinois, as the 2013 NACM Student of the Year during the association's 117th Annual Credit Congress and Exposition, held in Las Vegas, Nevada, May 19-22, 2013. Moller is a credit analyst with Tru Vue, a pioneer in non-glare glass surfaces used in commercial and museum-quality products in McCook.

Pursuing professional development in a post-recession landscape can be a challenge. For Denise Moller, attending NACM's Graduate School of Credit and Financial Management (GSCFM), held on the campus of Dartmouth College, meant fulfilling her dream of earning her Certified Credit Executive (CCE) designation. This executive-level certification from NACM 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. Moller was also voted by her peers to receive the graduate school's 2012 Student Leadership Award. Each class is comprised of two full-time sessions, each lasting nearly two weeks, for two consecutive years. The award reflects the participation and dedication of the student that most enhanced the experience for the rest of the attendees, who form quite a bond over the equivalent of a month's time together.

Rochester Area Credit Executive, Ronald Sereika, Honored with National Award of Excellence

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June 10, 2013: Columbia, MD—The National Association of Credit Management (NACM) has recognized Ronald Sereika, CCE, CEW of Fairport, NY as the recipient of the 2013 CCE Designation of Excellence Award. Sereika was honored at NACM's 117th Annual Credit Congress and Exposition, held in Las Vegas, Nevada, May 19-22, 2013.

Recipients of NACM's Designation of Excellence Awards are dedicated to the credit profession, committed to improving themselves through higher education (achieving certification) and enthusiastic about the difference they can make. For those who know Ronald Sereika, these qualities easily come to mind when considering this dynamic credit professional, enthusiastic volunteer leader and unwavering advocate.

Sereika is currently the credit manager for CooperVision, Inc., a provider of contact lenses with a strong emphasis on research and development. Sereika manages a team of 16 associates, and is responsible for collections in North America, as well as all international accounts. He firmly believes in treating all accounts as partners, not just customers.

NACM's Response to Associated Press Article about Credit Reports and Small Businesses

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The following is NACM's official response to an Associated Press article about credit and small businesses that ran in several mainstream media outlets last week.

Dear Associated Press Editors,

An AP article that ran in several news outlets, titled "How small businesses can avoid loan rejections" and written by AP small business reporter Joyce Rosenberg, had good intentions and a considerable amount of important information for small businesses seeking to improve their commercial credit standing. However, while it focused on the relationship between small businesses and their banks, it completely ignored the important relationship between small businesses and their suppliers. It is this relationship that defines the commercial credit score for all businesses.

National Association
of Credit Management

8840 Columbia 100 Pkwy.
Columbia, MD 21045
Phone: 410-740-5560
Fax: 410-740-5574

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