PRA Group's Kevin Stevenson Gives Virginia Chamber's Capstone Speech on Investing in Education
PR98233
NORFOLK, Va., Oct. 12, 2022 /PRNewswire=KYODO JBN/ --
Today Kevin Stevenson, president and CEO of PRA Group, Inc. (
) (Nasdaq: PRAA), delivered the keynote address at the Virginia Chamber of
Commerce's (
) 2022 Virginia Education and Workforce Conference (
) in Richmond, Va., on behalf of Virginia's business leaders.
Logo - https://mma.prnewswire.com/media/819349/PRA_Logo.jpg
The conference, which was attended by more than 400 leaders in education,
business, government and the community, focused on positioning Virginia's
workforce for success.
With its global headquarters in Norfolk, Virginia, PRA Group is a publicly
traded company that has grown to become one of the largest acquirers of
nonperforming loans in the world. For more than 25 years, the company's
headquarters have remained in Virginia, where, among its 18 locations in
Europe, the Americas and Australia, it has established its largest workforce.
A co-founder of PRA Group, Stevenson has made a long-term investment in
Virginia's economic development and growth. His speech focused on the pivotal
role education plays in strengthening and producing a sustainable and viable
talent pipeline within the Commonwealth. Stevenson called the private sector to
action, encouraging business leaders to invest in three main areas:
-- Pathways to in-demand careers through work-based learning and
internships,
-- Philanthropic partnerships that create an economy for all based on
equitable access,
-- And strategic collaboration with higher education to create career
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 said in his keynote.
Stevenson has led PRA Group in this philosophy since the company's founding in
1996. In Virginia alone, the global company supports organizations such as
ACCESS College Foundation (
), An Achievable Dream (
) and Junior Achievement of Greater Hampton Roads (
) in addition to sponsoring STEM learning opportunities such as Virginia Living
Museum's (
) Amazing Pollinators exhibit and Old Dominion University's (
) (ODU) Data Science Summer Camp. PRA Group also 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 also hosts a paid summer internship program to promote work-based
learning and recently launched an IT apprenticeship program for employees to
explore pathways to in-demand careers.
To learn more about PRA Group's commitment to making an impact in Virginia and
around the world, visit: https://www.pragroup.com/news-and-stories/.
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
+1 (757) 961-3525
Elizabeth.Kersey@PRAGroup.com
Investor Contact:
Najim Mostamand, CFA
Vice President, Investor Relations
+1 (757) 431-7913
IR@PRAGroup.com
SOURCE: PRA Group
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