Message #10 From:
NewsBot Date: October 19, 2007 11:32:47 AM
Asset Acceptance Recognized for Women in Leadership
Company Ranked #2 Among Michigan Peers
WARREN, Mich., Oct. 11 /PRNewswire-FirstCall/ -- Asset Acceptance Capital Corp. (Nasdaq: AACC) today announced that it has been recognized by the Inforum Center for Leadership and University of Michigan's Ross School of Business as a 'Most Valuable Player' (MVP) company in the representation of women in leadership positions.
The 2007 Michigan Women's Leadership Index, produced by the two organizations, measures the presence of women executives in the highest leadership positions of the top 100 publicly-held companies headquartered in Michigan. The index scores Asset Acceptance second overall among eight Michigan companies who earned MVP status.
Published for the first time in 2003, the Michigan Women's Leadership Index is a one-of-a-kind bi-annual look at the presence of women leaders in Michigan companies. The study, conducted by the Stephen M. Ross School of Business at the University of Michigan, was commissioned by the Inforum Center for Leadership, the non-profit education and research arm of Inforum (formerly the Women's Economic Club).
'Having a diverse base of associates, including women in leadership roles, contributes to our business success,' said Deanna S. Hatmaker, Vice President- Human Resources, Asset Acceptance Capital Corp. 'We are honored to have earned this recognition from these respected organizations.'
Among the nine executive officers of Asset Acceptance, three are women: Deborah Everly, Senior Vice President and Chief Acquisitions Officer; Deanna Hatmaker, Vice President-Human Resources; and Diane Kondrat, Vice President- Legal Collections. Serving on Asset's eight-member board of directors is Jennifer Adams, Former Vice Chairman, World Color Press, Inc.
The Michigan Women's Leadership Index report uses the language of sports to characterize companies according to their Index scores. Those with the highest scores are identified as MVPs; those with middling scores are 'In the Game;' and companies with no women officers or board directors are 'On the Sidelines.'
'We're pleased to see new companies on the MVP list like Asset Acceptance Capital and hope that more will take their lead,' said Inforum and Inforum Center for Leadership CEO and President Terry Barclay. 'We are very proud of their achievements.'
Complete copies of the 2007 Women's Leadership Index report are available at www.inforummichigan.org.
About Asset Acceptance Capital Corp.
Since 1962, Asset Acceptance has provided credit originators, such as credit card issuers, consumer finance companies, retail merchants, utilities and others an efficient alternative in recovering defaulted consumer debt. For more information, please visit www.AssetAcceptance.com.
About Inforum
Inforum is one of the largest and most prestigious business forums for women in the nation, with more than 2,200 members from a broad cross-section of Michigan's business community. The mission of the organization is to strengthen the business environment by creating opportunities for women to lead and succeed. Inforum provides opportunities for businesswomen to forge alliances discuss vital civic and business issues and make connections that help accelerate careers. Inforum offers a highly esteemed and successful leadership training program through its non-profit education and research arm, Inforum Center for Leadership. Founded as the Women's Economic Club in 1962 in Detroit, Inforum has affiliates in Grand Rapids and Lansing, Michigan. For more information, visit www.inforummichigan.org or call 877.633.3500.
About Stephen M. Ross School of Business, University of Michigan
Outstanding faculty and students at the University of Michigan's Stephen M. Ross School of Business come together in an innovative learning community that is consistently ranked among the world leaders in both research and teaching. The Ross School offers MBA, EMBA, MAcc, and BBA degree programs, as well as executive education programs. Ross programs are highly regarded around the world for their academic rigor and the innovative ways they prepare graduates to contribute to the success of organizations. The Ross School is located on the campus of the University of Michigan in Ann Arbor. For more information, visit www.bus.umich.edu.
