PRA Group Announces Promotion and New Hires

NORFOLK, Va., July 20, 2015 (GLOBE NEWSWIRE) -- PRA Group (Nasdaq: PRAA), a global leader in acquiring non-performing loans, today announced the following promotion and new hires:

Dan Viar has been promoted to vice president, insolvency IT support. He previously served as assistant vice president of bankruptcy analytics for PRA Group for nine years. Prior to joining PRA, he held roles of IT manager, senior operations analyst and actuarial associate with Allstate Financial Services. After earning a bachelor's and a master's degree in mathematics from the University of Arkansas at Fayetteville, Viar began a Ph.D. program in mathematics at Purdue University while serving as a teaching associate. His research in mathematics and physics has been published in the Pi Mu Epsilon Journal, Physical Review B, and Applied Physics Communications.

Nic Kohler has joined PRA Group as vice president of business development. Most recently, he served as vice president of corporate development for Xerox. He previously held roles as director of corporate development for WellPoint, and as assistant vice president of corporate development for Amerigroup. He earned a bachelor's degree in business from Old Dominion University in Norfolk, Virginia.

Brenda Berry has joined PRA Group as director of compliance project management. She most recently held positions with Capital One as manager, scrum master and manager, project management. Berry previously held roles with HSBC including assistant vice president, senior technical project manager and audit manager for quality and compliance. She earned a Bachelor of Science degree in public administration from Christopher Newport University in Newport News, Virginia. She is a Certified ScrumMaster and a Project Management Professional (PMP).

About PRA Group

As a global leader in acquiring non-performing loans, PRA Group (Nasdaq: PRAA) returns capital to global banks and other creditors to help expand financial services for consumers in North America and Europe. PRA Group companies collaborate with customers to help them resolve their debt and provide a broad range of additional revenue and recovery services to business and government clients.

PRA has been recognized as one of Fortune's 100 Fastest-Growing Companies for the past three years and one of Forbes' Best Small Companies in America for eight consecutive years since 2007. For more information, please visit www.pragroup.com.

CONTACT: Media Contact:
         Nancy Porter
         Vice President, Corporate Communications
         (757) 431-7950
         [email protected]

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