#USA #Norfolk #Foot Locker #Adrian Butler #PRA Group

Adrian Butler Elected to PRA Group's Board of Directors

PRA Group, Inc. (Nasdaq: PRAA), a global leader in the acquisition and collection of non-performing loans, has announced the election of Adrian Butler to its Board of Directors, effective January 1, 2025. Butler brings over 25 years of extensive experience in technology and business leadership, previously serving as the Chief Technology Officer at Foot Locker, Inc.

Butler's Background and Experience

As the CTO of Foot Locker, Butler has played a crucial role in advancing the company’s tech strategy and digital initiatives across its extensive retail footprint. The company operates approximately 2,450 retail stores in 26 countries, including North America, Europe, Asia, Australia, and New Zealand. Butler's expertise includes enhancing consumer experiences through data analytics, supply chain management, and omnichannel marketing.

Prior to his role at Foot Locker, Butler was the Chief Information Officer at Casey's General Stores, Inc., and held senior technology positions at Dine Brands Global, Inc., the parent company of popular restaurant chains Applebee’s and IHOP, and Target Corporation. His diverse industry background spans retail and hospitality, highlighting his adaptability and leadership.

Recognition and Achievements

Throughout his distinguished career, Butler has received numerous accolades, recognizing his contributions to technology and business innovation. He was named CIO of the Year by the Los Angeles Business Journal and featured in CIO Magazine's CIO 100. Furthermore, he is celebrated in the Premier 100 IT Leaders by Computerworld and recognized among the 500 Most Powerful Business Leaders in the Dallas-Fort Worth area.

In addition to his corporate roles, Butler actively serves on several boards, including the Potbelly Corporation and the Grambling State University Foundation, where he contributes to both business and community initiatives.

Strategic Contribution to PRA Group

Steve Fredrickson, Chairman of PRA Group, expressed the board's excitement about Butler's appointment. He stated, "Adrian is a seasoned public company board member and a business leader who has a proven track record of driving technology innovations to transform large global organizations across various sectors. His insights and background in technology and business will be invaluable to the board and management as we continue to advance our IT strategy to support initiatives that drive profitable growth."

Butler himself remarked on the opportunity, stating, "I am honored to join the talented PRA Group board as a strategic business partner and contribute my expertise to support the company's continued growth and success worldwide."

About PRA Group

PRA Group is a recognized leader in the acquisition and collection of non-performing loans, returning capital to banks and other creditors while aiding in expanding financial services to consumers across the Americas, Europe, and Australia. With thousands of employees globally, PRA works with clients to help them resolve their debts effectively. The commitment to financial responsibility and support for consumers positions PRA as a pivotal player in the financial services sector.

To learn more about PRA Group, visit PRA Group Website.