CMA Elects New Board of Directors Members for 2017-2018

Congratulations to new CMA Board of Directors Members, whose term with CMA began on May 1.

The new directors are:

  • Kim Howard, Cemex
  • Mark Speiser, Unified Grocers Inc.
  • Janet King, Joseph T. Ryerson & Sons

Additionally, following is a current list of CMA’s Board of Directors members.

Gent Culver, ICCE (Chair), IGT
Pam Craik, CCE (Vice Chair), McKesson Drug
Matt Johnston (Treasurer), United Site Services
Tracy Rosenbach, CCE (Counselor), Silgan Containers LLC
James M. Bradley, Reliance Steel Company
TJ Nance, Walters Wholesale Electric Co.
Alvin Moreno, MBA, Nestle USA Inc.
Sherry Raposo, VSS International Inc.
Nannette Bringard, Breakthru Beverage Nevada
Tim Cratty, Jackson Family Wines
Kim Howard, Cemex
Mark Speiser, Unified Grocers Inc.
Janet King, Joseph T. Ryerson & Sons
Alternates

Brian Atteberry, BSH
Joe Lucas
Hector Benitez, CBF, Equinix
Advisors

Darrell Horton, CICP, Aristocrat Technologies, Inc.
Melissa Kobus, CCE, Walters Wholesale Electric Co.

Special Advisors

Chuck Schultz, Interface Financial Group
Robert Shultz, Quote to Cash Solutions LLC (Q2C)

CMA Introduces Board of Directors for 2016-2017

On May 1, 2016, CMA announced its new Board of Directors for the 2016-2017 fiscal year. The Board is comprised of the following CMA members: Tracy Rosenbach, CCE (Chair), Silgan Containers LLC; Gent Culver, ICCE (Chair-Elect), IGT; Pamela Craik, CCE (Treasurer), McKesson; TJ (Tom) Nance, Walters Wholesale Electric; Joe Lucas, SRS; Hector Benitez, Equinix Inc.; Nannette Bringard, Breakthru Beverage Nevada; Matt Johnston; Tim Cratty, Jackson Enterprises; Jim Bradley, Reliance Steel Company; Sherry Raposo, VSS International Inc.; Alvin Moreno, Nestle USA Inc.; Melissa Kobus, CCE (Advisor), Anixter Inc.; Darrell Horton, CICP (Advisor), Aristocrat Technologies, Inc.; Bob Shultz (Special Advisor), Q 2 C Inc.; Chuck Schultz (Special Advisor), Interface Financial Group; and Michael Fenner, CBA (Counselor), Beacon Sales Acquisition, Inc.

 

2016 CMA Board of Directors

We wish to congratulate these super volunteers and thank them for their service to the CMA members and the credit management industry.

CMA Chairman’s Blog: Advancing your Career through CMA by Michael W. Fenner, CBA

Year after year, as we go through our careers, we are always looking for ways to improve ourselves and advance in our professions. I know for me, I got complacent with my job and quite frankly I didn’t know where to go and or who to turn to. My luck changed when I ran into Mike Mitchell, CAE President of CMA at the Las Vegas airport in 2008 after attending a Western Region Credit Conference. I mentioned to him that I was looking for more in my career and he said to me, “You are already being considered.” I wasn’t entirely sure what he meant by that at that moment, but shortly thereafter I received a phone call to join CMA’s Board of Directors. I thought it was a great opportunity to be able to volunteer and help our association, understand more about how a business works, as well as work with my peers from all different companies and credit backgrounds. The rest is history…

Let’s take a look at some of the platforms that have assisted me through my career:

  • Professional Credit Certification – It’s never too late to get your designation or move to the next level. Here are the available designations.
    • Certified Credit and Risk Analyst (CCRA) – For analysis and interpretation of financial statements.
    • Credit Business Associate (CBA) – This includes three credit courses basic financial accounting, business credit principles and introduction to financial statement analysis.
    • Credit Business Fellow (CBF) – The lessons include business law and credit law.
    • Certified Credit Executive (CCE) – You must be proficient at accounting, finance, domestic and international credit concepts, management and law.
    • Professional Development Programs – CMA offers a variety of courses in person and online. The anscers.com website (on the education tab) is constantly being updated with the latest information for all of us. As an example some of our options today include (but not limited to) the Spring and Fall CreditScape Summits, NACM’s annual Credit Congress, numerous lien law seminars in many states, a course on alternative for financing the sale of goods, and credit risk and risk mitigation techniques. Please go check them out and see which one can assist you in your career.
  • Board and Committee Service – By volunteering my time on the CMA Board of Directors and serving on board committees it has allowed me to grow as a person and become a more of a diverse credit manager and move up in my career. I have been able to make lifelong friends as well as expand my credit knowledge to move forward in my field just by participating in discussions and working with my associates.
  • Industry Credit Groups (ICG’s) – My ICG helped assist me in my credit decision process to run a more thorough credit department. Currently we have 60 diverse groups. They network with each other, share factual information timely, and you get responses promptly from your group members so you can make educated decisions with your new accounts and or your current A/R. Feel free to contact Diana Escobar directly at (818) 972-5342 for more information about groups that pertain to your industry.

We all know how important it is to stay up-to-date with our education. And finding the time to go to events or take classes can be a challenge. Things won’t change unless we change them. Invest in yourself and your teams, and challenge them to improve and grow.

Make sure you encourage your teams to support CMA which is your association. It is important to always network with your colleagues and make some new friends as you go through this process. Make sure you always bring back your experiences to incorporate them into your jobs.

Let me know your thoughts. I’d love to hear your feedback.

Michael W. Fenner, CBA, is the Credit Management Association Chairman and Manager of Corporate Credit Operations for Beacon Roofing Supply, Inc. He can be reached at 714-321-8187, or mfenner@becn.com.

Thanks for a Career in Credit Management, Jim Morrow

CMA, along with the members of the Southern California Electric Group, would like to extend warmest wishes to longtime group member Jim Morrow who will be retiring at the end of January. Jim has been a valued group member for 25 years and in the Construction Industry for over 30 years. He served numerous terms as a group officer and has served the rest of the association on the CMA Board of Directors since 2010.

We will miss his loyalty to the group, his professionalism to the job and mostly the kindness and friendship he has extended to all for over a quarter of a century.

Congratulations and enjoy your well-deserved retirement!Jim Morrow - I AM CMA

Now Accepting Nominations and Applications for CMA Board of Directors

The CMA Nominating Committee is now accepting nominations and applications for service on the 2016-2017 Board of Directors. If you would like to nominate a candidate for service, or you are interested in applying for a Director position directly, please complete a Candidate Nomination or Application form and return it to CMA by January 29, 2016. Click here to download the forms.

Board of Directors Qualifications and Responsibilities

As provided by the Bylaws of CMA, the Board of Directors oversees the general operation and sets policy for the Association. It is, therefore, essential that members of the Board understand their responsibilities and be willing to commit the time and effort necessary to do justice to this great organization.

The responsibilities and qualifications of a member of the Board are as follows:

1. Read and be familiar with the Bylaws of the Corporation.

2. A Board member must be the authorized representative of his/her company to CMA.

3. Attend the Annual Meeting and Installation of Officers and Directors, March 24-25, 2016.

4. Attend regular Board meetings, four times per year.

5. Attend the Annual Board Retreat (two days in February).

6. Review and accept financial and operating statements of the Association.

7. Review and approve reports of committees and project teams.

8. Serve on various committees of the Association as assigned by the Chair of the Board.

9. Show support for the Association and its programs by participating in CMA’s member services and by attending educational and networking functions, and promote CMA’s services to other members and prospective members at every opportunity.

10. When possible, attend the annual NACM Credit Congress held each May or June, and/or CMA’s CreditScape Summits (Spring and Fall).

CMA Chairman’s Blog: ‘Tis the Season for Giving Back: Why You Should Volunteer With CMA, by Michael W. Fenner, CBA

Michael Fenner, CMA Chairman of the Board of Directors
Michael Fenner, CMA Chairman of the Board of Directors

I hope everyone enjoyed their time away from the daily grind and that you were able to be with your family this Thanksgiving season. As I write this blog, I was thinking that we all like to give around the holidays, to our families, friends, the community etc. In 2007, Credit Management Association awarded me with a scholarship to attend the Western Region Credit Conference. I was very grateful for the opportunity as it really helped my career. And for that very reason I wanted to give back to CMA. Ironically, I ran into Michael Mitchell, CMA President and CEO at the airport after that conference and told him I wanted to “give back” to the association and the rest is history. I was nominated to the Board of Directors and I have served on the committees listed below to help make our association better for you.

I wanted to share a few bullet points today so you too can consider ways that you can give back and make your association a stronger, better organization for all of us. Please take a few minutes to read below and if you are interested in helping out just let me know. I would be happy to point you in the right direction. I appreciate your time and consideration.

  • CMA Board of Directors – The board meets five times a year and determines the policies and direction of the Association. The Board is responsible for monitoring progress towards the achievement of the strategic and operating objectives of the Association. This has been a very educational experience as you work with credit managers from different types of companies. It’s both challenging and rewarding as you go through the process.
  • Membership Committee – This team focuses on membership issues such as member benefits, acquisition and retention, as well as member engagement, and member categories. This group is interesting and stimulating, they help members understand the “value” of their memberships.
  • Professional Development – This is the committee that sets the direction of the educational courses, seminars and webinars that CMA offers. As an example, they work on the Spring and Fall CreditScape sessions that feature roundtable experiences taught by veteran credit professionals. These meetings are taught at an advanced and high level. Discussions include business issues, best practices and tips on valuable resources.
  • Honors and Awards Committee – This committee focuses on member recognition, with a primary responsibility of selecting members for CMA’s annual awards as well as nominating members for NACM’s National awards. There is nothing more gratifying than nominating your peers who have worked so hard in the industry.
  • Nominating Committee – This group selects nominees for the Treasurer and other Director positions available for election for the year. This committee assists in the review of candidates, through systems and checklists. Another opportunity to select outstanding peers in the credit community.

What can you do to help your credit association? Please reach out as we are always looking for talented people to be nominated and share their experiences through their leadership and volunteer work.

Please remember we need you to support “your” credit association when you can and as always “thank you” for your support. I encourage you to send in any ideas to improve your credit association. Let me know your thoughts. I’d love to hear your feedback. Thank you for taking time to read my blog.

Michael W. Fenner, CBA, is the Credit Management Association Chairman and Regional Credit Manager for Beacon Roofing Supply. He can be reached at 714-321-8187, or mfenner@becn.com.

CMA Member Darrell Horton, CICP, Runs For NACM National Board of Directors

CMA member (and former Chairman of the Board of Directors) Darrell Horton, CICP, of Aristocrat Inc. has announced his candidacy for the NACM National Board of Directors. Ballots for the NACM National Board will be sent out to all CMA members beginning today Monday October 12. If you didn’t receive your ballot, contact us at CMA and we’ll send you another one.

Horton, who has more than 30 years in the Credit profession, has been an active CMA member since 1992, and has served on various committees and has chaired two Industry Credit Groups and was a founding member of a new industry Credit group. In addition, he has served on the CMA Board of Directors since 2007 in various capacities including Director, Treasurer, Chair Elect, Chairman, Councilor and currently as Advisor. In 2015, he was named CMA Credit Executive of the Year.

 

Darrell Horton, CICP
Darrell Horton, CICP

 

“I believe one of the greatest challenges facing NACM and its affiliates today is membership and getting new credit managers involved and connected to realize the value of being in an organization such as NACM. I believe we need to find ways to communicate through the technological methods they prefer to be communicated to. Once they are comfortable with the communication they receive, they would be more open to attending a face-to-face meeting. I will continue to engage the ‘up-and-coming Credit Managers’ to determine what they value, need and demand from NACM both now and in the future. If given the opportunity to be a Director for the NACM, I will do my best to listen to and be a voice for the membership at large, as I feel that this is the responsibility of each and every director, manager, employee and even member of NACM,” Horton said.

Directors are elected for a term of three years following the date of election. Ballots will be mailed to the primary contact for each CMA member company.