PRAA - PRA Group, Inc.
PRA Group, Inc.
120 Corporate Boulevard
Norfolk, VA 23502
United States
888-772-7326
http://www.pragroup.com
Sector: Financial Services
Industry: Credit Services
Full Time Employees: 4,525
Key Executives
| Name | Title | Pay | Exercised | Year Born |
|---|---|---|---|---|
| Mr. Kevin P. Stevenson | Founder, Pres, CEO & Director | 1.72M | N/A | 1965 |
| Mr. Peter M. Graham | Exec. VP & CFO | 866k | N/A | 1966 |
| Mr. Christopher D. Lagow | Sr. VP, Gen. Counsel & Assistant Sec. | 586k | N/A | 1974 |
| Mr. Steven C. Roberts | Exec. VP of Europe & Corp. Devel. | 927.2k | N/A | 1962 |
| Mr. Christopher B. Graves | Exec. VP of Americas Core | 866k | N/A | 1969 |
Description
PRA Group, Inc., a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans in the Americas and Europe. It is involved in the acquisition of accounts that are primarily the unpaid obligations of individuals owed to credit grantors, 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, telecommunication providers, retailers, utilities, automobile finance companies, student loan companies, and other debt owners. 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 founded in 1996 and is headquartered in Norfolk, Virginia.
Corporate Governance
PRA Group, Inc.’s ISS Governance QualityScore as of October 4, 2019 is 3. The pillar scores are Audit: 3; Board: 3; Shareholder Rights: 5; Compensation: 3.