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PRAAPRA Group
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About PRA Group

PRA Group (NASDAQ:PRAA) specializes in acquiring and managing portfolios of nonperforming loans, including consumer and business debts from financial institutions, credit card companies, and other creditors globally. With operations across the Americas and Europe, the company focuses on the efficient recovery of assets while ensuring compliance with relevant regulations and ethical standards. PRA Group aims to deliver sustainable financial performances and growth by leveraging its expertise in debt recovery, analytics, and technology, seeking to create value for its stakeholders and opportunities for its employees. Projects often involve sophisticated data analysis and customer engagement strategies to optimize recoveries and maintain high standards of customer respect and service.

What is PRAA known for?

Snapshot

Public US
Ownership
1996
Year founded
1968
Employees
Norfolk, United States
Head office
1 of 1
US Rank
Unknown
Sector
N/A
Sector rank
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Operations

All Locations
Norfolk, US

Produtos e/ou serviços de PRA Group

  • Debt buying of nonperforming loans from financial institutions, offering a financial return through collections.
  • Debt collection services, leveraging proprietary data analytics and a global network for efficient account recovery.
  • Bankruptcy claims management that facilitates recovery for creditors in bankruptcy proceedings, optimizing returns.
  • Revenue administration for government entities, including tax and other government receivables, improving public sector collection rates.
  • Consumer-facing online payment portal, providing a convenient method for individuals to resolve outstanding debts.
  • Legal collections services, leveraging a network of attorneys to pursue recovery through the legal system, ensuring compliance.

equipe executiva do PRA Group

  • Mr. Steven D. FredricksonCo-Founder & Executive Chairman
  • Mr. Martin SjolundCEO, President & Director
  • Mr. Rakesh SehgalExecutive VP & CFO
  • Ms. LaTisha Owens TarrantExecutive VP, General Counsel, Chief Human Resources Officer & Corporate Secretary
  • Mr. R. Owen JamesPresident of PRA Group Europe
  • Mr. Steven A. MackeGlobal Operations Officer
  • Mr. Jan HusbyChief Information Officer
  • Lauren PartinSenior Vice President of Finance & Investor Relations
  • Mr. Keith WarrenChief Risk & Compliance Officer
  • Mr. Adrian MurphyGlobal Chief Data & Analytics Officer

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