SAN DIEGO, Aug. 08, 2022 — Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that its President and CEO, Ashish Masih, has been reappointed by U.S. Secretary of Commerce Gina M. Raimondo to the U.S.-India CEO Forum. The Forum brings together top-level business executives from both nations to …
Read More »Encore CEO Not Worried About Recession’s Impact on Collections
There does not seem to be a lot of cause for concern about the economy heading into a recession and that leading to consumers becoming unable to make payments on their unpaid debts, according to the Chief Executive of Encore Capital Group, who shared his feelings last week during a …
Read More »Consumers Still in Good Position to Pay Debts: Encore CEO
Inflation and rising gas prices have not yet started to impact consumers’ ability to pay their debts, and overall consumer strength is continuing, but maybe not at the levels seen during the pandemic, the chief executive of Encore Capital Group said last week during a conference call with analysts to …
Read More »Encore Hires New Chief Risk and Compliance Officer
Encore Capital Group yesterday announced that it has hired Steve Carmichael to be its Chief Risk and Compliance Officer. Carmichael, who will report directly to Encore Chief Executive Ashish Masih, most recently was the head of enterprise and financial risk management at Discover Financial Services. “Bringing on a person of …
Read More »Profits For 2020 Up at Encore Capital Group
Profits for all of 2020 were up at Encore Capital Group even though it made less money in the fourth quarter than it did in the same period a year earlier, according to the company’s quarterly financials that were released yesterday. Even though the company spent 34% less on portfolio …
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