PRA Investorroom
Board of Directors
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Steve Fredrickson
Steve Fredrickson has served as the Company’s Chairman of the Board since April 2020. He was Executive Chairman of the Board from June 2017 until his current role and was Chairman and CEO from 2002 to June 2017. Fredrickson co-founded the Company with Kevin Stevenson in 1996 and served as its President and CEO from founding. Prior to PRA, Fredrickson held leadership roles with Household International in various business units responsible for distressed consumer, commercial, and commercial real estate debt. Previously, he specialized in corporate and real estate workouts at Continental Bank of Chicago. Fredrickson‘s current community involvement includes him serving as a member of the board of directors for the United Way of South Hampton Roads Foundation and St. Mary’s Home Foundation and as a member of the board of trustees for Eastern Virginia Medical School Foundation. He has an MBA from the University of Illinois and a BSBA from the University of Denver.
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Vikram Atal
Vikram Atal is president and CEO of PRA Group, Inc. Atal joined PRA Group’s Board of Directors in 2015.
Before joining PRA Group, Atal held various senior executive roles over the course of a 27-year career with Citigroup, Inc. From 2008 to 2013, he was an executive vice president for Citigroup’s global consumer bank, where he had responsibility for shaping Citigroup as an information-centric enterprise and leveraging analytics and data to drive growth. He also successfully managed $200 billion of high-risk consumer assets during the 2008 financial crisis. From 2005 to 2008 Atal served as chairman and chief executive officer for the North America card franchise, where he oversaw operations spanning 50 countries, 30,000 employees, and 60 million customers. In this role, he achieved record results – including revenues of $18 billion – amidst a changing regulatory landscape.
His previous roles with Citigroup included leadership of partnership programs for Citi Cards, chief financial officer of Citigroup’s U.S. cards franchise, and overseeing SEC, regulatory and business financial reporting for Citicorp. He is a member of the Board of Goldman Sachs Bank USA and has served as a senior advisor to both McKinsey & Company and venture investment firm MissionOG. Atal holds a Bachelor of Arts degree in mathematics from St. Stephen’s College in Delhi, India, and a Bachelor of Science degree in finance from the London School of Economics and Political Science.
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Marjorie Connelly
Marjorie Connelly was appointed as a Director in 2018 and served previously on the PRA Group Board from 2013 to 2014. She has almost 30 years of experience in financial services. Most recently, Connelly was the Chief Operating Officer for Convergys Corporation, a publicly traded, global leader in customer management. From 2012 to 2013, she was the Interim President of Longwood University. From 2009 to 2011, Connelly was the Global Chief Operating Officer at Barclaycard where she was responsible for the operations and technology support of the consumer and commercial credit card, merchant acquiring and point of sale finance businesses. From 2006 to 2008, Connelly was the Chief Operating Officer of Wachovia Securities, and prior to that, she spent 12 years at Capital One Financial Services in roles of increasing responsibility, including Executive Vice President, Head of Infrastructure for U.S. credit card operations and interim Chief Information Officer. Connelly earned a Bachelor of Arts in Political Science from the University of Delaware and has completed the Advanced Management Program at Harvard Business School.
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Chair
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Member
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Dame Jayne-Anne Gadhia
Ms. Gadhia joined PRA Group's Board of Directors in June 2024. She founded the financial technology company Snoop in 2019 and served as its Executive Chair until July 2023 when she retired. She is a Chartered Accountant who began her career with Ernst & Young LLP and later joined Norwich Union (now Aviva) as a Senior Manager before founding Virgin Direct in 1995, which was acquired by the Royal Bank of Scotland (“RBS”) in 2001. She subsequently spent five years at RBS before returning to Virgin Money as CEO from 2007 to 2018. Following the sale of Virgin Money, Ms. Gadhia joined Salesforce as CEO – United Kingdom and Ireland from 2019 until 2020, when she joined Snoop full-time.
Ms. Gadhia has served as Chair of the Boards of His Majesty’s Revenue & Customs since 2020, MoneyFarm, an online investment advisor and digital wealth management company, since 2022; and Ozone API since 2024. She has also served as Senior Advisor for Vanquis Banking Group PLC (LSE), which acquired Snoop, since 2023. Ms Gadhia was awarded Commander of the Order of the British Empire (“CBE”) in 2013 for her services to banking and the community, Dame CBE in 2019 for her services to the financial industry in general and women in the financial industry in particular and Commander of the Royal Victorian Order in 2022. She holds a Bachelor of Arts in History from the University of London.
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Member
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Glenn Marino
Glenn Marino joined PRA Group’s Board of Directors in 2024. He has over 30 years of experience in the consumer finance industry and served most recently as Executive Vice President, Chief Commercial Officer and CEO of the Payment Solutions business at Synchrony Financial, Inc. (“Synchrony”), a publicly traded financial services company. Prior to the spin-off of Synchrony by General Electric Corporation (“GE”) in 2014, Marino served as CEO of Sales Finance from 2002 until 2014 for GE’s North American retail finance business. He also previously served as President of Monogram Credit Services, a joint venture between GE and Bank One Corporation (now part of JPMorgan Chase) and Chief Risk Officer – Consumer Cards Services for GE Capital. During his tenure with Synchrony, Marino led the organization to becoming one of the premier “Point-of-Sale” companies in the financial industry. Before joining General Electric, Marino held roles of increasing responsibility in finance with Citibank and Xerox Corporation. He earned a Bachelor of Science in Biology from Syracuse University and a Master of Business Administration from the University of Michigan. Currently, Marino serves on the board of directors of Upbound Group, Inc. (formerly Rent-A-Center, Inc.), a publicly traded, lease-to-own provider.
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Member
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Geir Olsen
Geir Olsen joined PRA Group’s Board of Directors in June 2023. Mr. Olsen was the CEO and a board member of Aktiv Kapital, AS, a leading European consumer debt purchaser, from September 2011 until its acquisition by the Company in 2014. From August 2014 until January 2016, Mr. Olsen served as the CEO of PRA Group Europe. Prior to Aktiv Kapital, Mr. Olsen held various leadership roles in sales, marketing and strategy with Cisco Systems and Tandberg, a Norwegian company that Cisco acquired in 2010. He also advised financial services and technology companies as a consultant at McKinsey & Company for five years prior to joining Tandberg. In 2013, Mr. Olsen cofounded Ubon Partners, an investment company focused on early stage companies in technology and financial services, and was a partner until December 2018. He is currently the CEO of Andenes Investments, a private investment company focusing on finance and technology, and sits on the board of various private portfolio companies such as Avida Finans, First Fondene AS, Molo Finance and Huma AS. He is also a director of Pexip ASA, a Norwegian technology company listed on the Oslo Stock Exchange. Olsen received a Master's of Economics from the Norwegian School of Economics and a Master of Business Administration from the University of California Los Angeles.
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Brett Paschke
Brett Paschke joined PRA Group’s Board of Directors in 2020. Mr. Paschke is Managing Partner of WinForest Partners, a private equity firm focused on investments in healthcare, technology and services. Before transitioning to a full-time role with WinForest in December 2023, he served as a Senior Director of Investment Banking for William Blair & Company, a leading global investment banking firm focused on serving high quality growth companies (“William Blair”) for 2023 and served as Vice Chair of Investment Banking at William Blair from 2021 to January 2023. Mr. Paschke joined William Blair in 1997 and served in roles of increasing responsibility, including leader of the Equity Capital Markets Group at William Blair from 2009 to 2020. Since 2021 Mr. Paschke has served on the board of directors and audit committee for Duluth Holdings Inc. (NASDAQ) and as Managing Partner at WinForest Partners.
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Chair
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Scott Tabakin
Scott Tabakin was appointed as a Director in 2004. He was a Certified Public Accountant and has more than 20 years of public company experience. Currently an independent financial consultant, Tabakin served as Executive Vice President and Chief Financial Officer of Bravo Health, Inc., a privately owned managed health care company from July 2006 until the sale of the company in November 2010. From October 2003 until July 2006, Tabakin was an independent financial consultant. He served as Executive Vice President and Chief Financial Officer of AMERIGROUP Corporation, publicly traded managed health care company, from May 2001 until October 2003. Prior to May 2001, he was Executive Vice President and Chief Financial Officer of Beverly Enterprises, Inc., then the nation's largest publicly traded provider of long-term health care. Earlier in his career, Tabakin was an executive with the Accounting firm of Ernst & Young. He received a bachelor's degree in Accounting from the University of Illinois.
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Chair
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Peggy Turner
Peggy Turner joined PRA Group’s Board of Directors in June 2021. Ms. Turner currently serves as Vice President, Guest Retention of Toyota Motors North America. From 1991 to 2020, she held multiple positions with increasing responsibilities at Toyota Motors including Vice President, Lexus Customer Satisfaction and Vice President, Toyota Customer Relations. Ms. Turner is actively involved in Toyota Motors’ diversity, equity and inclusion ("DEI") initiatives, serving as the executive advisor to Social Innovation, a diversity and inclusion support member on the Diversity Advisory Board, and the Executive Sponsor of the Latino Employee Resource Group and representing Lexus at events such as the Women in Automotive Summit and Women Panel for New York Auto Show. Turner holds her M.B.A. from Loyola Marymount University and B.A. from University of California Irvine.
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Member
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Lance Weaver
Lance Weaver was appointed as a Director in 2015. Weaver is an accomplished consumer financial services executive with nearly 40 years of experience across the consumer lending, mortgage and credit card asset classes. He has served as an advisor to financial services companies including VISA, Citigroup, Allied Properties and Apollo Capital, and was president, money cards for Virgin Money Holdings in the U.K. from 2013 to 2015. Before holding these positions, Weaver was president of EMEA Card Services for Bank of America, with approximately $30 billion in assets across Europe, Canada and China. He had previously served on the senior management team of MBNA Corporation for 15 years, where he helped build MBNA into the largest independent credit card lender in the world when it was acquired by Bank of America in 2006. His prior experience includes executive leadership roles with Citigroup, Wells Fargo and Maryland National Bank. Weaver earned a Bachelor of Arts degree in marketing from Georgetown University. He is a past member of the Georgetown University board of directors and board of trustees, and a past board chair of MasterCard.