Magazine article Business Credit

Meet the 2017 Credit Executive of Distinction Award Winner: Larry O'Brien, CCE, ICCE

Magazine article Business Credit

Meet the 2017 Credit Executive of Distinction Award Winner: Larry O'Brien, CCE, ICCE

Article excerpt

The accolades keep pouring in for Larry O'Brien, CCE, ICCE, senior director of corporate credit at PotashCorp in Northbrook, IL. He was recently named recipient of the 2017 Credit Executive of Distinction Award. This distinction is given to credit professionals within the NACM organization that embody O.D. Glaus' legacy.

The Glaus award is one of two major honors presented by the National Association of Credit Management. The other is the Alice M.H. McGregor Award of Exceptional Achievement, which was awarded to O.D. Glaus Jr. in its inaugural year in 1996. When Glaus, the former NACM chairman and 1990 National Credit Executive of the Year Award winner, died in 2010, the award was renamed in his honor.

O'Brien became involved with NACM in the mid-1980s after past national chairman Dick Pearson introduced him to local Affiliate NACM Midwest. Over the past 30-plus years, O'Brien has been one of the most active members in the industry and NACM family. He completed the Graduate School of Credit and Financial Management program in the early 1990s. He is fresh from being named the NACM Midwest Robert M. Healy Credit Executive of the Year for 2016. O'Brien was also recognized as the NACM National Mentor of the Year in 2012.

His participation with NACM has made him a better credit professional and more confident in the field. "My CCE and ICCE designations prove I know what I'm talking about," O'Brien quipped. They give him the ability to present on domestic and international credit topics for FCIB as well as at NACM events. O'Brien has been to a dozen Credit Congress & Expo conferences. He spoke this year in Dallas at a session on risk evaluation for public and private companies.

On a local level, O'Brien is the outgoing chairman of the NACM/Chicago-Midwest board. He will stay involved as the board's councilor and plans to continue presenting. "It's good to stay educated and refresh yourself," he said, quoting his wife, Julie, who is a teacher.

O'Brien, one of nine children, grew up on a farm. He was given the opportunity to finish his education through a graduate training program offered by his employer, Caterpillar. His business degree with a concentration in finance from Lewis University outside of Chicago helped him land on his feet as an agriculture banker in the early 1980s.

O'Brien spent 20 years in the commercial credit field with International Minerals and Chemical (IMC) before it became the Mosaic Company, based in Minnesota. …

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