Virginia 500 Power List Recognizes PRA Group President and CEO

Rhea-AI Summary

PRA Group's CEO, Kevin Stevenson, has been recognized for the third consecutive year in the Virginia 500 Power List for 2022-23, highlighting influential leaders in various sectors. The recognition emphasizes Stevenson's role in the nonperforming loan industry and the company's commitment to improving consumer financial futures. PRA Group aims to contribute positively to communities and the economy through its efforts in debt resolution and employee development. The announcement reflects PRA Group's prominence in the financial sector.

Positive

• Kevin Stevenson recognized in the Virginia 500 Power List, affirming leadership in the nonperforming loan industry.
• Recognition for three consecutive years enhances PRA Group's reputation in the financial services sector.
• PRA Group's commitment to helping consumers improve financial futures supports long-term business growth.

Negative

• None.

PRA Group's Kevin Stevenson honored for third consecutive year as Virginia leader

NORFOLK, Va., Sept. 1, 2022 /PRNewswire/ -- Kevin Stevenson, president and CEO of PRA Group, Inc. (Nasdaq: PRAA), has been named to Virginia Business Magazine's Virginia 500 Power List for 2022-23.

The list recognizes the state's most powerful leaders across the business, education, political and government sectors. 

The magazine's annual Virginia 500 issue recognizes the state's most powerful leaders across the business, education, political and government sectors. As the co-founder and head of a publicly traded global leader in the nonperforming loan industry, Stevenson is featured in the finance and insurance category. 

"I am honored to be listed among the great people shaping our state—and to be doing so alongside them as a business leader," said Stevenson. "I believe that where businesses succeed, so do the communities around them. I hope that PRA Group can always exemplify that belief as we continue to do the right things, for the right reasons, with a steadfast focus on the long-term."

With its headquarters located in Norfolk, Virginia, PRA Group is focused on helping consumers improve their financial futures, creating fulfilling careers for its thousands of employees and giving back to local communities around the world.

To read the Virginia 500 Power List feature, visit: https://www.virginiabusiness.com/article/finance-insurance-kevin-p-stevenson/

About PRA Group

As a global leader in acquiring and collecting nonperforming loans, PRA Group returns capital to banks and other creditors to help expand financial services for consumers. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt. For more information, please visit www.pragroup.com.

News Media Contact:
Elizabeth Kersey
Senior Vice President, Communications and Public Policy
(757) 961-3525
Elizabeth.Kersey@PRAGroup.com

Investor Contact:
Najim Mostamand, CFA
Vice President, Investor Relations
(757) 431-7913
IR@PRAGroup.com

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SOURCE PRA Group

FAQ

Who is Kevin Stevenson and why was he recognized on the Virginia 500 Power List?

Kevin Stevenson is the CEO of PRA Group, recognized for his leadership in the nonperforming loan industry on the Virginia 500 Power List for his influence in business.

What is the Virginia 500 Power List?

The Virginia 500 Power List is an annual recognition of the most powerful leaders in Virginia across various sectors, including business, education, and government.

How does PRA Group contribute to the community?

PRA Group focuses on helping consumers improve their financial futures and actively contributes to local communities worldwide.

What sector does PRA Group operate in?

PRA Group operates in the nonperforming loan industry, acquiring and collecting debts to help financial institutions.

What does Kevin Stevenson say about his recognition?

Kevin Stevenson expressed honor in being included among influential leaders and emphasized the importance of business success for community growth.