Adrian Butler Joins PRA Group Board, Enhancing Strategic Growth

Adrian Butler's Election to PRA Group Board

In a significant move, PRA Group, Inc. (NASDAQ: PRAA) has announced the election of Adrian Butler to its Board of Directors. Butler, who serves as the Chief Technology Officer at Foot Locker, Inc., boasts over 25 years of extensive experience in various technological leadership roles, now bringing this expertise to PRA Group.

Experience and Contributions of Adrian Butler

As the CTO of Foot Locker, Butler oversees the company’s technology strategy and innovation efforts across an expansive digital environment and data analytics landscape. He has played a critical role in driving technological advancements and ensuring seamless omni-channel experiences for Foot Locker’s numerous retail locations across the globe.

Prior Roles and Accomplishments

Before his current tenure at Foot Locker, Butler held influential positions such as the Chief Information Officer at Casey's General Stores, Inc., and Senior Vice President of Information Technology at Dine Brands Global, Inc. His diverse background in technology services includes serving as Vice President at Target Corporation, showcasing a rich blend of strategic and operational capabilities.

Board Membership and Recognition

Butler is not only notable for his leadership at Foot Locker but has also made impactful contributions on various boards, including Potbelly Corporation and the Grambling University Foundation. His ongoing commitment to technology and business excellence earned him numerous accolades, including recognition as CIO of the Year by the Los Angeles Business Journal and a place in Computerworld's Premier 100 IT Leaders.

Impact on PRA Group

Steve Fredrickson, the PRA Group Board Chairman, expressed excitement about Butler's appointment. He underlined Butler's rich experience in the tech sector and his proven history of guiding large organizations through transformative changes. This strategic inclusion in the board is deemed essential as PRA Group looks to fortify its IT strategies contributing to the company's continued growth trajectory.

Vision for the Future of PRA Group

In his statement, Butler expressed his honor at joining the PRA Group Board, emphasizing his intention to leverage his extensive knowledge to support the company's mission of creating value globally. This commitment enhances PRA Group’s abilities to innovate and adapt in an ever-changing market landscape.

About PRA Group

PRA Group, Inc. is recognized as a global leader in the acquisition and collection of nonperforming loans. The organization plays a pivotal role in returning capital to banks and assisting consumers in resolving their financial obligations. PRA Group operates across numerous regions, and with a dedicated workforce, it aims to facilitate effective financial solutions for clients in the Americas and beyond.

Frequently Asked Questions

Who is Adrian Butler?

Adrian Butler is the Chief Technology Officer at Foot Locker, Inc., with over 25 years of leadership experience in technology.

What position has Adrian Butler been elected to?

He has been elected as an independent director on the Board of Directors for PRA Group, Inc.

What is PRA Group known for?

PRA Group is a global leader in acquiring and collecting nonperforming loans, assisting creditors and consumers alike.

What are Butler's past roles?

Before joining Foot Locker, Adrian Butler held leadership positions at Casey's General Stores and Dine Brands Global.

What does PRA Group aim to achieve?

The company strives to enhance financial services for consumers, aiming for effective debt resolution, thereby promoting financial well-being.

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