PRA Group President and CEO Receives Community Builders Award

NORFOLK, Virginia., May 20, 2022 /PRNewswire/ — Kevin StevensonChairman and Chief Executive Officer of PRA Group, Inc. (Nasdaq: PRAA), a global leader in the acquisition and recovery of nonperforming loans, has been recognized for its proven track record of exceptional leadership, exemplary service and advocating for positive change at the Community Builders Awards ceremony last night.

PRA Group President and CEO Kevin Stevenson received the Community Builders Award from HRCAP.

The Hampton Roads Community Action Program (HRCAP) presents Community Builders Awards each year to outstanding citizens and organizations who are committed to creating opportunities for others to prosper.

Since PRA Group Since its inception in 1996, Stevenson has been committed to giving back and uplifting others. He and his co-founder reinvented the debt collection industry and created a company focused on doing things the right way, for the right reasons, with a long-term view.

“I am extremely grateful to receive the Community Builders Award, as it is an indicator that I am accomplishing what I set out to do in my business and in my community when I helped found PRA Group over 25 years,” Stevenson said. “An essential part of our vision has always been to make an impact by giving back to the community – by Hamptons Roads where we are headquartered and wherever we live and work in the world.”

Stevenson’s determination to give back has resulted in a strong corporate infrastructure for employee volunteerism, corporate matching gifts and huge corporate giving. Recently, on the occasion of PRA Group’s 25th anniversary, Stevenson raised the bar for corporate charitable giving by devoting an additional sum $250,000 associations designated by the employees. This adds to more $10 million the company has contributed to charitable causes over the years.

In addition to charitable donations, Stevenson’s entrepreneurial spirit has created thousands of jobs both locally and around the world. While maintaining a local headquarters employing over 1,300 people in Hamptons Roadshe managed other call centers in Hampton and Danville as well as an office richmondcreating more than 1,500 jobs in Virginia.

On a personal level, Stevenson is a member of several local councils, including the Greater Norfolk Corporation and EQUI-KIDS. He previously served on the boards of the Sandler Center for the Performing Arts and the Judeo-Christian Outreach Center (JCOC). In 2020, Stevenson and his wife single-handedly ensured the show would go on for the JCOC Black and White Gala by hosting the event virtually from their homes.

As a thoughtful leader, Stevenson maintains a quiet, humble confidence that is rooted in his confidence and pride in the team he has assembled to achieve his vision for the company. It is reliable in its governance, delivering on its promises, whether to local, regional and national government entities, or to PRA Group investors, customers and employees.

Stevenson’s stalwart moral compass led PRA Group for more than 25 years, and he continues to inspire employees for innovation and professional growth with his contagious enthusiasm and efforts to build personal relationships.

About the PRA Group

As a global leader in acquiring and recovering non-performing loans, PRA Group returns capital to banks and other creditors to help expand consumer financial services. With thousands of employees worldwide, PRA Group companies work with their clients to help them settle their debt. For more information, please visit www.pragroup.com.

Media Contact:
Elizabeth Kersey
Senior Vice President, Communications and Public Policy
(757) 961-3525
[email protected]

Investor contacts:
Lauren Partin
Senior Vice President, Finance and Investor Relations
(757) 431-7913
[email protected]

(PRNewsfoto/PRA Group)

(PRNewsfoto/PRA Group)

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SOURCE PRA Group

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