Portfolio Recovery Associates Inc.
Riverside Commerce Center
120 Corporate Boulevard
Norfolk,
VA 23502
United States - Map
Phone: 888-772-7326
Fax: 757-518-0901
Web Site: http://www.portfoliorecovery.com
| Portfolio Recovery Associates, Inc. provides outsourced receivables management and related services in the United States. The company engages in the purchase, collection, and management of portfolios of defaulted consumer receivables. It acquires receivables of Visa, MasterCard, and Discover credit cards; private label credit cards; installment loans; lines of credit; bankrupt accounts; deficiency balances of various types; legal judgments; and trade payables from various debt owners. These defaulted consumer receivables are the unpaid obligations of individuals to credit originators, including banks, credit unions, consumer and auto finance companies, and retail merchants. It also provides a range of contingent and fee-based services, including collateral-location services for credit originators; and revenue administration, audit, and debt discovery/recovery services for government entities. The company serves financial services, auto, retail, utility, health care, and government sectors. Portfolio Recovery Associates, Inc. was founded in 1996 and is headquartered in Norfolk, Virginia. |
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| Key Statistics |
| |
| | Pay | Exercised | Mr. Steven D. Fredrickson , 49
Co-Founder, Chairman, Chief Exec. Officer, Pres and Member of Investment Committee |
$
840.00K |
$
237.00K | Mr. Kevin P. Stevenson , 44
Co-Founder, Chief Admin. Officer, Chief Financial Officer, Principal Accounting Officer, Exec. VP, Treasurer, Assistant Sec. and Member of Investment Committee |
$
600.00K |
$
0 | Mr. Michael J. Petit ,
Member of Investment Committee and Pres of Bankruptcy Services |
$
565.00K |
$
115.00K | Mr. Craig A. Grube , 48
Exec. VP of Acquisitions and Member of Investment Committee |
$
560.00K |
$
237.00K | Ms. Judith S. Scott , 63
Exec. VP, Sec. and Gen. Counsel |
$
340.00K |
$
37.00K |
|
|
|
Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
| |
|
0.29% Nasdaq 
0.32 (0.68%) 
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