NORFOLK, Va.,
April 17,
2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA),
a global leader in acquiring and collecting nonperforming loans,
has named Steve Macke as its global operations
officer, effective April 29, following an external search.
Macke, who will report to PRA Group President and CEO
Vik Atal, will play an instrumental
role in driving operational execution and improving efficiency
across the business. He will oversee PRA Group's call centers,
legal recovery, digital and insolvency operations.
"Steve is a highly experienced leader in the consumer finance
industry, with a proven record in managing complex operations and
driving productivity while enhancing both customer satisfaction and
employee engagement. I am proud to welcome an accomplished partner
to PRA Group as we execute on business priorities and focus on
delivering improved results," said Atal.
Macke brings more than three decades of industry experience,
having spent his career leading all aspects of operations,
including collections, default management and recovery strategy,
and business planning and analysis for Citigroup. He joined Citi in
1991 as a collector and rose through the leadership ranks, having
most recently served as managing director and global head of
contact centers. Previously, he was managing director and global
head of collections and default management, as well as managing
director and global head of workforce management. Macke holds
a Bachelor of Business Administration degree in Management and
Finance from the University of
Cincinnati.
"I look forward to further strengthening the critically
important aspects of PRA Group's operations, bringing
increased value to shareholders and serving our customers,
employees and communities," said Macke.
About PRA Group, Inc.
As a global leader in acquiring and collecting nonperforming loans,
PRA Group, Inc. returns capital to banks and other creditors to
help expand financial services for consumers in the
Americas, Europe and Australia. With thousands of
employees worldwide, PRA Group, Inc. companies collaborate with
customers to help them resolve their debt. For more information,
please visit www.pragroup.com.
Investor Contact:
Najim Mostamand, CFA
Vice President, Investor Relations
(757) 431-7913
IR@PRAGroup.com
News Media Contact:
Elizabeth
Kersey
Senior Vice President, Communications and Public Policy
(757) 641-0558
Elizabeth.Kersey@PRAGroup.com
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SOURCE PRA Group, Inc.