pra group inc (PRAA) Key Developments
PRA Group Announces Executive Changes
Jul 20 15
PRA Group announced the promotion and new hires. Dan Viar has been promoted to vice president, insolvency IT support. He previously served as assistant vice president of bankruptcy analytics for PRA Group for nine years. Prior to joining PRA, he held roles of IT manager, senior operations analyst and actuarial associate with Allstate Financial Services. Nic Kohler has joined the company as vice president of business development. Most recently, he served as vice president of corporate development for Xerox. He previously held roles as director of corporate development for WellPoint, and as assistant vice president of corporate development for Amerigroup. Brenda Berry has joined the company as director of compliance project management. She most recently held positions with Capital One as manager, scrum master and manager, project management. Berry previously held roles with HSBC including assistant vice president, senior technical project manager and audit manager for quality and compliance.
PRA Group, Inc. Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-09-2015 12:10 PM
Jun 9 15
PRA Group, Inc. Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-09-2015 12:10 PM. Venue: Four Seasons Hotel, Chicago, Illinois, United States.
PRA Seeks Acquisitions
Jun 9 15
PRA Group, Inc. (NasdaqGS:PRAA) is looking for acquisition opportunities. Steve Fredrickson, Chairman, Chief Executive Officer and President of PRA, said, we’re looking at identifying acquisition opportunities.
PRA Group Expands in German Debt Market; Appoints Udo Kords to Serve as Investment Director for its Insolvency Investment Services Business in Germany
May 18 15
PRA Group announced that it will expand into the German debt purchase market, just more than a year after the global acquisitions of Aktiv Kapital and Pamplona's IVA servicing platform.
PRA hired Dr. Udo Kords to serve as the investment director for PRA Group's Insolvency Investment Services business in Germany. He will report to Andrew Berardi, managing director for Insolvency Investment Services in the United Kingdom. Kords and Berardi previously worked together at the investment banking firm Bear Stearns International, where they built a successful platform to purchase German consumer insolvencies in 2007. Kords is the former managing director of Max Deutschland GmbH. Kords, who will be based in Hamburg, Germany, will work closely with Marcel Kochling, PRA's acquisitions director for Central Europe, and Matteo Gervasi, PRA's acquisitions director for Italy and Germany, to manage the company's growing client relationships in Germany.
PRA Group, Inc. Appoints Neil Chakravarty as Senior Vice President, Internal Audit
May 11 15
PRA Group announced the appointment of Neil Chakravarty as a new member of PRA Group's executive management team. Chakravarty will serve as senior vice president, internal audit. Chakravarty reports directly to the audit committee of the company's board of directors, with dotted line to Stevenson. Most recently, Chakravarty was director of corporate audit services for Genworth Financial, Inc. Prior to that he served nearly 10 years with Capital One Financial Corporation and four years with KPMG.