Veteran Credit Professional Phyllis Truitt of Evansville Receives National Award

on .

Honored by the National Association of Credit Management
As the Recipient of the 2011 Alice M.H. McGregor Award

Columbia, Maryland: June 6, 2011-The National Association of Credit Management (NACM) recognized Phyllis C. Truitt, CCE of Evansville, Indiana, as the recipient of the 2011 Alice M.H. McGregor* Award of Exceptional Achievement during its 115th Annual Credit Congress and Exposition, held in Nashville, Tennessee, May 22-25.

Named in honor of one of NACM's most distinguished leaders, the McGregor Award recognizes an individual whose creative approaches and consistently high performance benefit and sustain his/her company, NACM affiliate, NACM-National and the business credit profession at large. McGregor Award winners are role models and leaders who set the standards for others. Throughout her noteworthy career, Phyllis Truitt is well known for actively supporting NACM initiatives, regardless of size and scope, with verve and tenacity.

Over the years, Ms. Truitt has taken on a variety of leadership roles that represent the depth and breadth of NACM services and resources. Most recently, she completed a yearlong term as chairman of the NACM-National Board of Directors (2010-2011). Ms. Truitt has also served on the boards of directors for two vital NACM units: the Association for Executives in Finance, Credit and International Business (FCIB) and the Credit and Financial Development Division (CFDD). She is a former chairman of the CFDD National Board as well.

"Phyllis simply doesn't need to ‘hold' a position to be passionate about NACM, CFDD or FCIB. Phyllis believes in the mission and vision of NACM. She's passionate about credit and the important role credit plays within every business," explained outgoing NACM-National Chairman Kathy Tomlin, CCE.

Ms. Truitt is the former director of credit and collections for Atlas Van Lines in Evansville. Prior to joining Atlas, she worked as the office and credit manager for Shelby Steel, also located in Evansville. Truitt earned a business degree from the University of Southern Indiana in 1983. As a firm believer in self-improvement through education, Ms. Truitt completed NACM's certification program and successfully earned the prestigious Certified Credit Executive (CCE) designation in 1991.

Ms. Truitt has also authored several education programs and one training manual. Though now retired, she continues to serve as an instructor and speaker, presenting her programs at NACM Affiliate and CFDD chapter seminars and conferences. Unsurprisingly, Ms. Truitt has long been an advocate of mentoring. She has mentored at all stages including high school students, novice credit professionals and veteran NACM and CFDD members seeking her well-honed perspective. At her most essential, Ms. Truitt is incredibly supportive and approachable-"a great leader, mentor and friend to all of us," as summarized by Ms. Tomlin.

Among her many honors, Ms. Truitt was named the CFDD Distinguished Member in 1993 and the NACM-National Credit Executive of the Year in 2002. Truitt also received CFDD's highest honor, the Marilyn Daugherty Spirit Award, in 2006.

The National Association of Credit Management warmly congratulates Ms. Truitt on her receipt of the distinguished Alice M.H. McGregor Award for 2011.

The NACM-National Honors and Awards Committee bases its awards on a scoring system that rates nominees in nearly 50 areas of professional life, including their participation in NACM activities on the local and national levels, service on local and national industry credit groups, educational attainment in the credit field, continuing education participation, professional accomplishments and dedication to the profession.

*Alice M.H. McGregor (1923-1993), a Seattle-based credit professional born in Scotland, was one of NACM's great leaders. McGregor began her career as an accounts receivable bookkeeper. She later joined the credit department of Puget Sound Salvage & Equipment Company, was co-owner when the business changed its name to Pacific Industrial Supply Company and eventually served as its president. Beyond her professional responsibilities, McGregor was the first woman to earn NACM's Certified Credit Executive (CCE) designation, the highest distinction offered by the association. She also completed NACM's Graduate School of Credit and Financial Management and served as chairman of NACM-National in 1989-1990. McGregor was a dedicated and much-admired leader within her local NACM affiliate, NACM Business Credit Services, and was also an integral part of the NACM-CFDD Seattle chapter. When asked to describe the secret of her success. McGregor simply answered, "Hard work."


NACM, headquartered in Columbia, Maryland, supports more than 16,000 business credit and financial professionals worldwide with premier industry services, tools and information. NACM and its network of Affiliated Associations are the leading resource for credit and financial management information and education, delivering products and services, which improve the management of business credit and accounts receivable. NACM's collective voice has influenced legislative results concerning commercial business and trade credit to our nation's policy makers for more than 100 years, and continues to play an active part in legislative issues pertaining to business credit and corporate bankruptcy. Its annual Credit Congress is the largest gathering of credit professionals in the world.

NACM has a wealth of member experts in the fields of business-to-business credit and law. Consider using NACM as a resource in the development of your next business story.

Source: National Association of Credit Management

NACM-National Contact: Caroline Zimmerman, 410-740-5560
NACM Great Lakes Region: 800-888-4359 and




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