Tag Archives: PRA Group

NORFOLK, Va., Aug. 5, 2022 — PRA Group, Inc., a global financial services company, has named LaTisha Tarrant as Chief Human Resources Officer (CHRO), effective Aug. 15. Tarrant brings more than 20 years of public company experience to her new role and joins the company’s senior leadership team to head its global …

NORFOLK, Va., May 20, 2022 /PRNewswire/ — Kevin Stevenson, president and CEO of PRA Group, Inc., a global leader in acquiring and collecting nonperforming loans, was recognized for his proven track record of outstanding leadership, exemplary service and advocacy for positive change during the Community Builders Award ceremony yesterday evening. …

NORFOLK, Va., May 16, 2022 — Mental Health Awareness Month was designated in the U.S. to nationally decrease the stigma surrounding mental health and encourage open conversation to prevent suicides, violence, depression and other problems associated with low mental health. PRA Group, Inc., a global leader in acquiring and collecting nonperforming …

Decreasing supply of portfolios available to be purchased led to a marked drop in the amount of portfolio purchases by PRA Group in the first quarter of 2022, according to financials released by the company yesterday, while company Chief Executive Kevin Stephenson noted that, “if history teaches us a simple …

NORFOLK, Va., May 5, 2022 — PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that Rakesh Sehgal will join the company as Senior Vice President and Head of Corporate Development. He will be based in New York. In this newly created role, Rakesh will lead corporate development globally, including …

PRA Group reported this week that it made $34 million during the fourth quarter of 2021, up from $30 million in the same period a year earlier, while profits for all of 2021 were up to $183 million, from $149 million in 2020. Overall revenue at the company in the …

NORFOLK, Va., Feb. 4, 2022 — In the spring of 2019, PRA Group Bankruptcy Counsel Tiffanie Fittes and her family were preparing for their eldest daughter Mackenzie’s high school graduation when they noticed a bulge near her right shoulder blade. After many tests, Mackenzie was diagnosed with a very large, very rare tumor. The …

Portfolio Recovery Associates is closing its office in Birmingham, Ala., which will affect 133 employees who worked there. The company filed a notice with the state Department of Commerce in late July. The office will close at the end of September. The office in Birmingham is one of 10 the …

Profits at PRA Group were down slightly in the second quarter of 2021, compared with the second quarter of last year, but the company is still riding high from its strong first-quarter results, the company announced on Thursday. As well, during a call with financial analysts, the Chief Executive of …

PRA Group announced in a filing with the Securities and Exchange Commission last week that it is defending itself against allegations from the Consumer Financial Protection Bureau that it violated the terms of a consent order it entered into in 2015 that accused the company of engaging in a number …