Adrian Butler Joins the Board of PRA Group, Strengthening Technology Leadership

Adrian Butler Appointed to PRA Group's Board of Directors

PRA Group, Inc., a leading global firm specializing in the acquisition and collection of nonperforming loans, has announced the election of Adrian Butler to its Board of Directors. This decision takes effect from January 1, 2025, and is a significant move for the organization as it looks to enhance its technological capabilities and strategies.

Adrian Butler currently serves as the Chief Technology Officer at Foot Locker, a major international retailer with around 2,450 stores across 26 countries, including regions like North America, Europe, Asia, Australia, and New Zealand. His role there emphasizes the development of digital strategies, data analytics, supply chain management, merchandising innovations, and omnichannel customer experiences. Prior to his position at Foot Locker, Butler held pivotal roles such as the Chief Information Officer at Casey's General Stores and served as the Senior Vice President of IT at Dine Brands Global, overseeing famous establishments like Applebee's and IHOP. He also has experience as Vice President of the Technology Services division at Target Corporation, exhibiting a rich tapestry of leadership in the technology sector.

Butler’s extensive accolades speak volumes about his influence in the tech-world. He has been recognized numerous times, including receiving the title of IT Executive of the Year from the Los Angeles Business Journal, earning a spot on the CIO 100 list as recognized by CIO Magazine, and being honored among the 500 Most Powerful Business Leaders in Dallas-Fort Worth. His achievements extend beyond corporate achievements; he also serves on boards such as Potbelly Corporation and the Grambling University Foundation, his alma mater, showcasing his commitment to leadership within the community.

Steve Fredrickson, Chairman of PRA Group, expressed enthusiasm regarding Butler’s appointment: "Adrian's vast experience as a board member and his exceptional leadership in driving technological innovations will provide invaluable insights as we progress with our strategic initiatives aimed at supporting profitable growth. His military background, serving as a Captain in the United States Air Force, adds depth to his capability to lead in high-stakes environments, making him a fantastic addition at this pivotal moment for us."

Commenting on his new role, Butler stated, "I am honored to join PRA Group's talented board as a strategic business partner and look forward to leveraging my experiences to support the company’s ongoing growth and success on a global scale." This appointment adds significant technological expertise to PRA Group’s leadership, as the company continues to focus on enhancing its services and supports to consumers around the world.

PRA Group plays a crucial role in the financial sector, aiming to recover capital for banks and other creditors, thus aiding in the expansion of financial services for consumers in the Americas, Europe, and Australia. With thousands of employees worldwide, they collaborate closely with customers to help them manage and resolve their debts, creating a more balanced financial ecosystem.

For more information about PRA Group and their initiatives, please visit their official website at www.pragroup.com.