Magazine article Business Credit

Officer Nominees for the National Board of Directors

Magazine article Business Credit

Officer Nominees for the National Board of Directors

Article excerpt

In accordance with the election process for Officers of NACM-National, we have included for your perusal the candidates applying for the open positions. The Chairman of the Board and Chairman-Elect serve for a term of one year. Four of the eight Vice Chairmen are elected annually, each for a term of two years, or until their successors are respectively elected. In order to be eligible to serve as Chairman of the Board or Chairman-Elect, a candidate must have completed one year's service as Vice Chairman. In order to serve as a Vice Chairman, a candidate must have served as a Director of the Association for a period of at least one year. Please take time to review the brief biography of each candidate to familiarize yourself with their qualifications. Voting will take place at the Board Meeting on Friday, May 18th.

Richard T. Rehn, CCE

Richard T. Rehn, CCE is the Credit Risk Manager, North America for the Procter & Gamble Distributing Company, located in Cincinnati, Ohio. He holds a BA degree from Ohio University and a MBA degree from Xavier University.

Mr. Rehn has been very active in NACM, serving on the Board of Directors of NACM-Ohio and as the Chief Elected Officer from 1992 to 1994. He has served on the NACM National Board of Directors since 1994, most recently as Vice Chairman--Central Region. He has also chaired the National Accreditation Committee, the National Professional Designation Program Promotion Committee and has served on the National Education, National Budget and Finance, National Audit and National Strategic Planning Committees.

Mr. Rehn is a member of Board of Trustees of CRF, a member of FCIB, and is past Chairman of the National Merchandising Credit Group. He is a Certified Expert Witness and has attended the Graduate School of Credit and Financial Management.

Mr. Rehn has extensive bankruptcy committee experience, serving as chairman and committee member in major retail bankruptcies including PharMor, Caldor, and Venture Stores. He has chaired reclamation subcommittees and has negotiated settlements for the benefit of creditors. He has been a speaker or panelist at Credit Symposiums, Industry Group Seminars and Regional Conferences addressing creditors' rights in bankruptcy and managing credit to high risk customers.

He is applying for the position of Chairman-Elect.

Ralph J. Rimualdo, CCE

Ralph Rimualdo, CCE currently holds the position of Vice President and CFO at Case Supply, Inc., a plumbing, appliance and kitchen wholesale distributor. During his thirty-five years with the company, he has developed and implemented systems which have made the company grow to rank as one of the largest of its kind in the state of New York. His responsibilities include overseeing all financial operations, assisting in the expansion of the business, directing department managers, sales staff and ensuring the success of operations. Over the years, his job titles have included Controller, Comptroller and Treasurer.

His career has been centered around finance, credit and accounting--with his first career position being that of a staff accountant with Lavine & Leffert. He founded an income tax preparation and service company, and co-founded a furniture manufacturing company.

Mr. Rimualdo has also been a very active member of NACM Central New York for the past twenty-six years, serving on its board and being elected President of the Board twice. During his tenure, he developed eight educational programs, presented programs, formed trade groups and served on various committees. He is also a member of NACM New York.

Active in his community, Mr. Rimualdo's accomplishments include serving on the board of directors of an inner-city neighborhood youth organization for fifteen years. The organization provides services to the elderly, single parents, preschoolers and has a Vietnamese transition program. He also served as President of the board for this organization for one three-year term. …

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