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Meet your new chairman: Sherry Wood, CCE: "it takes teamwork".(COMMENTARY)(National Association of Credit Management)

Business Credit

| July 01, 2005 | Wood, Sherry | COPYRIGHT 2005 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

If newly-elected NACM-National Chairman Sherry Wood, CCE is successful in achieving her goals for the coming year, just the mention of NACM will ring a bell of recognition in more people's ears. She wants to help lead NACM into a more prominent position within the larger business world. "We should become the premier name in business credit," Wood said. "When someone thinks of business credit, they should think of NACM. I'd like to work toward seeing NACM be the icon of business credit." However, she believes the key to attaining her goals, and those of the entire organization, is to work in a cooperative fashion with fellow NACM members and staff to create more unity within the organization. "I believe there has to be a master plan for all of us to work together on clearly defined missions."

Wood has years of experience in the field of business credit, working her way up in the ranks of the profession. She is Director of Credit at West Coast Paper, a family-owned, wholesale distributor of paper products since 1930, based in Seattle, WA. "We're now in third-generation ownership, with 11 domestic branches throughout the Pacific Northwest," she added. She has also risen in the ranks of NACM over the years, active on the NACM-Western Washington/Alaska Board from 1989-1996 and its Chairman of the Board in 1994-95. She was a National Director from 1998-2001, Vice-Chairman of the Western Region from 2001-2004, and National Chairman-Elect in 2004-2005. This year marks her 36th year in business credit. It also commemorates a major milestone in her personal life as she and her husband, Mike, celebrated their 40th wedding anniversary in June.

During her career, Wood has witnessed and participated in the evolution of business credit. She recalled her first job with a home furnishings company in California: "There, the credit was consumer credit ... telling people if they can take the product home." After that, she landed a job with a semiconductor manufacturer in California. "That was my first opportunity to get into business credit. I found I enjoyed it, and that I really enjoy working with people." She moved on to Britannia Sportswear, where she worked from 1978-1983 as a Regional Credit/Collections Manager, and went from there to Generra Sportswear as Corporate Credit Manager. In 1986 she accepted a job with her present employer, West Coast Paper.

As for the progression she has witnessed in the business credit industry, Wood said, "I'm excited with the changes I've seen over the years. We've come out of the dark ages and become a legitimate profession. In years past it was a job that no one wanted, and you had to learn by the seat of your pants." She pointed out that "business credit has now become a respected and integral part of business enterprise. Credit has become a member of the sales and marketing team--that's what has made the job more interesting. At West Coast Paper, credit is part of the overall business plan, and I'm very fortunate to work for a company that's highly ethical."

Wood is a strong proponent of education and views it as one of the main missions of NACM and its Affiliates. She firmly believes in the education of the individual member. She noted that NACM has progressed in its ability to provide educational and training opportunities to its members. Pointing to the online Resource Library, Wood said, "It's one of the best tools around; you go online and have the information right at your fingertips."

For Wood, her appreciation of what education can do for the business credit professional comes from first-hand experience. "I didn't bump into NACM until I moved to the Northwest. I started out without a lot of education, and no mentors. NACM has helped me grow within my own organization and given me the additional respect to be able to move into the job as Director of Credit. I ...

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