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PRA Group, Inc.
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PRA Group, Inc., a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans in the Americas, Australia, and Europe. It is involved in the purchase of accounts that are primarily the unpaid obligations of individuals owed to credit originators, which include banks and other types of consumer, retail, and auto finance companies. The company also acquires nonperforming loans, including Visa and MasterCard credit cards, private label and other credit cards, installment loans, lines of credit, deficiency balances of various types, legal judgments, and trade payables from banks, credit unions, consumer finance companies, retailers, utilities, automobile finance companies, and other credit originators. In addition, it provides fee-based services on class action claims recoveries and by servicing consumer bankruptcy accounts. The company was formerly known as Portfolio Recovery Associates, Inc. and changed its name to PRA Group, Inc. in October 2014. PRA Group, Inc. was incorporated in 1996 and is headquartered in Norfolk, Virginia.
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Symbol: PRAA
Recent Price: $20.91
Industry: Financial - Credit Services
CEO: Mr. Vikram A. Atal
Sector: Financial Services
Employees: 3155
Address: 120 Corporate Boulevard, Norfolk, VA 23502
Phone: 888 772 7326
Leadership
- Vikram Atal, President and Chief Executive Officer
- Jan Husby, Chief Information Officer
- Owen James, Executive Vice President, Global Investments Officer
- Elizabeth Kersey, Senior Vice President, Communications and Public Policy
- Steve Macke, Global Operations Officer
- Adrian Murphy, Global Chief Data and Analytics Officer
- Rakesh Sehgal, Executive Vice President, Chief Financial Officer
- Martin Sjölund, President, PRA Group Europe
- LaTisha Tarrant, Executive Vice President, General Counsel and Chief Human Resources Officer
- Keith Warren, Chief Risk and Compliance Officer
Last updated: 2024-12-31