– USA, VA – PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced the appointment of Glenn Marino to its Board of Directors, effective March 15, 2024, bringing 30+ years of experience in the consumer finance industry to the Board.
“We are pleased to welcome Glenn to the Board at this important time in our Company’s transformation. Glenn’s deep industry experience and track record of execution will be an asset to the Board and management team as we execute on our strategy and position PRA Group for the future. We look forward to benefiting from his insights and expertise as we continue to advance our initiatives to drive profitable growth,” said Board Chairman, Steve Fredrickson.
About Glenn Marino
Glenn Marino served as EVP, CCO, and CEO of the Payment Solutions business at Synchrony Financial, Inc., an $18 billion financial services company. Before the spin-off of Synchrony by General Electric Corporation, Marino was CEO of Sales Finance for GE’s North American retail finance business, and later served as CEO of Payment Solutions and CCO for the business. He also previously served as CEO of Monogram Credit Services, a joint venture between GE and Bank One Corporation. Currently, Glenn Marino serves on the board of directors of Upbound Group, Inc.
“PRA Group is a well-established leader in the nonperforming loan industry,” said Glenn Marino. “The Company has made impressive strides over the last year and I look forward to supporting the significant work already underway to stabilize performance and drive PRA Group’s turnaround.”
About PRA Group
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.
SOURCE: https://www.pragroup.com/
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