Steve Fredrickson
Founder at PRA GROUP, INC.
Net worth: 4 M $ as of 2024-03-30
Profile
Steven D.
Fredrickson was the founder of Portfolio Recovery Associates, Inc., established in 1996, where he held the title of Chairman, President & Chief Executive Officer from 2002 to 2014.
He is also the founder of PRA Group, Inc., founded in 1996, where he currently serves as the Non-Executive Chairman.
In addition to his founding positions, Mr. Fredrickson currently holds the position of Director at St. Mary's Home for Disabled Children, Inc. and Trustee at Eastern Virginia Medical School Foundation.
Previously, Mr. Fredrickson has worked as a Director at United Way of South Hampton Roads and American Asset Buyers Association.
He also served as Vice President at Household Recovery Services Corp.
from 1996 to 1996.
Mr. Fredrickson's education includes an MBA from the University of Illinois and an undergraduate degree from the University of Denver.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
PRA GROUP, INC.
0.36% | 2023-08-28 | 139,709 ( 0.36% ) | 4 M $ | 2024-03-30 |
Steve Fredrickson active positions
| Companies | Position | Start |
|---|---|---|
| PRA GROUP, INC. | Founder | 1996-03-19 |
| Eastern Virginia Medical School Foundation | Director/Board Member | - |
St. Mary's Home for Disabled Children, Inc.
 St. Mary's Home for Disabled Children, Inc. Medical/Nursing ServicesHealth Services St. Mary's Home for Disabled Children, Inc. operates as a pediatric residential care facility. The private company is based in Norfolk, VA. | Director/Board Member | - |
Former positions of Steve Fredrickson
| Companies | Position | End |
|---|---|---|
Portfolio Recovery Associates, Inc.
 Portfolio Recovery Associates, Inc. Miscellaneous Commercial ServicesCommercial Services Portfolio Recovery Associates, Inc. is a financial and business services company. The company through its subsidiaries purchases and manages portfolios of defaulted and bankrupt consumer receivables and provides a broad range of accounts receivable management services to lenders, service providers, governments, and others. Its business focuses upon the detection, collection, and processing of both unpaid and normal-course accounts receivable originally owed to credit grantors, governments, retailers and others. The company also provides a broad range of fee-based services, including revenue enhancement for local governments; vehicle location, skip-tracing and collateral recovery for auto lenders, governments, and law enforcement; contingent consumer debt recovery on behalf of banks, credit providers, and debt purchasers; and filing of class action claims on behalf of institutional investors, manufacturers, and retailers. Portfolio Recovery Associates was founded by Steven D. Fredrickson and Kevin P. Stevenson on March 20, 1996 and is headquartered in Norfolk, VA. | Chief Executive Officer | 2014-11-03 |
| Household Recovery Services Corp. | Corporate Officer/Principal | 1996-01-31 |
| United Way of South Hampton Roads | Director/Board Member | - |
| American Asset Buyers Association | Director/Board Member | - |
Training of Steve Fredrickson
| University of Illinois | Masters Business Admin |
| University of Denver | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 1 |
|---|---|
| PRA GROUP, INC. | Commercial Services |
| Private companies | 6 |
|---|---|
Portfolio Recovery Associates, Inc.
Portfolio Recovery Associates, Inc. Miscellaneous Commercial ServicesCommercial Services Portfolio Recovery Associates, Inc. is a financial and business services company. The company through its subsidiaries purchases and manages portfolios of defaulted and bankrupt consumer receivables and provides a broad range of accounts receivable management services to lenders, service providers, governments, and others. Its business focuses upon the detection, collection, and processing of both unpaid and normal-course accounts receivable originally owed to credit grantors, governments, retailers and others. The company also provides a broad range of fee-based services, including revenue enhancement for local governments; vehicle location, skip-tracing and collateral recovery for auto lenders, governments, and law enforcement; contingent consumer debt recovery on behalf of banks, credit providers, and debt purchasers; and filing of class action claims on behalf of institutional investors, manufacturers, and retailers. Portfolio Recovery Associates was founded by Steven D. Fredrickson and Kevin P. Stevenson on March 20, 1996 and is headquartered in Norfolk, VA. | Commercial Services |
| United Way of South Hampton Roads | |
| American Asset Buyers Association | |
St. Mary's Home for Disabled Children, Inc.
St. Mary's Home for Disabled Children, Inc. Medical/Nursing ServicesHealth Services St. Mary's Home for Disabled Children, Inc. operates as a pediatric residential care facility. The private company is based in Norfolk, VA. | Health Services |
| Household Recovery Services Corp. | |
| Eastern Virginia Medical School Foundation |
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