PRA Group's Kevin Stevenson Gives Virginia Chamber's Capstone Speech on Investing in Education

NORFOLK, Va., Oct. 11, 2022 /PRNewswire/ — Today Kevin Stevenson, president and CEO of PRA Group, Inc. (Nasdaq: PRAA), delivered the keynote tackle on the Virginia Chamber of Commerce’s 2022 Virginia Education and Workforce Conference in Richmond, Va., on behalf of Virginia’s business leaders.

The convention, which was attended by greater than 400 leaders in training, business, authorities and the group, centered on positioning Virginia’s workforce for fulfillment.

With its world headquarters in Norfolk, Virginia, PRA Group is a publicly traded firm that has grown to change into one of many largest acquirers of nonperforming loans in the world. For greater than 25 years, the corporate’s headquarters have remained in Virginia, the place, amongst its 18 areas in Europe, the Americas and Australia, it has established its largest workforce.

A co-founder of PRA Group, Stevenson has made a long-term funding in Virginia’s financial improvement and progress. His speech centered on the pivotal function training performs in strengthening and producing a sustainable and viable expertise pipeline inside the Commonwealth. Stevenson known as the personal sector to motion, encouraging business leaders to take a position in three essential areas:

• Pathways to in-demand careers by way of work-based studying and internships,
• Philanthropic partnerships that create an economy for all based mostly on equitable entry, 
• And strategic collaboration with greater training to create profession pathways.  

“The fact of the matter is, when Virginia companies contribute to education, we ensure the growth and longevity of our businesses. Our investments in education, nonprofits committed to access and enrichment and work-based learning opportunities are investments in the economic growth of Virginia. Let’s leverage the resources we have here in Virginia to build the best workforce in the nation!” Stevenson mentioned in his keynote.

Stevenson has led PRA Group in this philosophy for the reason that firm’s founding in 1996. In Virginia alone, the worldwide firm helps organizations equivalent to ACCESS College Foundation, An Achievable Dream and Junior Achievement of Greater Hampton Roads in addition to sponsoring STEM studying alternatives equivalent to Virginia Living Museum’s Amazing Pollinators exhibit and Old Dominion University‘s (ODU) Data Science Summer Camp. PRA Group additionally funds ODU’s Strome College of Business and is a member of the 757 Regional Internship Collaborative and the RVA 757 Connects initiative.

PRA Group additionally hosts a paid summer season internship program to advertise work-based studying and lately launched an IT apprenticeship program for workers to discover pathways to in-demand careers.

To be taught extra about PRA Group’s dedication to creating an influence in Virginia and all over the world, go to: https://www.pragroup.com/news-and-stories/.

About PRA Group

As a world chief in buying and accumulating nonperforming loans, PRA Group returns capital to banks and different collectors to assist increase monetary companies for customers. With hundreds of workers worldwide, PRA Group corporations collaborate with clients to assist them resolve their debt. For extra data, please go to www.pragroup.com.

News Media Contact:

Elizabeth Kersey

Senior Vice President, Communications and Public Policy

(757) 961-3525

[email protected]

Investor Contact:

Najim Mostamand, CFA

Vice President, Investor Relations

(757) 431-7913

[email protected]

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