Honored by the National Association of Credit Management
July 11, 2012: Columbia, Marylandâ€”The National Association of Credit Management (NACM) honored Val Venable, CCE as the 2012 O.D. Glaus* Credit Executive of Distinction during its 116th Annual Credit Congress and Exposition, held in Grapevine, Texas, June 10-13, 2012. The Glaus Award recognizes an individual who has made significant contributions to the credit profession, who upholds the tenets of lifelong learning and who is highly esteemed by his or her peers.
Venable is director of credit for Ascend Performance Materials, a global leader in proprietary technologies involving the production of nylon, plastics and synthetic fibers headquartered in Houston, Texas. She was previously the America's credit manager for SABIC Innovative Plastics where she managed a portfolio consisting of over 50,000 accounts. With over 25 years' experience as a credit manager, Venable has worked in the aerospace, steel and metal, and marine industries, both domestic and international.
Venable holds an undergraduate degree and has earned the Six Sigma Vendor Black Belt and Six Sigma Green Belt. She holds a certificate as a Certified Expert Witness and has also completed NACM's Graduate School of Credit and Financial Management (GSCFM). She has been an expert on bankruptcy and bankruptcy reform for the NACM Government Affairs Committee for the past decade and has testified before the U.S. Congressional committee on behalf of NACM. She has also co-chaired an American Bankruptcy Institute (ABI) committee on NACM's behalf, as well as served on many creditors' committees on behalf of her employers. Venable served on the NACM National Board of Directors for eight years, serving as chairman in 2001-2002. Additionally, she has served on and chaired many national committees, and has been a presenter and panelist for several NACM Credit Congress sessions, as well as regional conferences and industry day forums. Venable currently serves as a board member with her local affiliate, NACM of South Texas in Houston.