PRA Group Management
Management criteria checks 2/4
PRA Group's CEO is Vik Atal, appointed in Mar 2023, has a tenure of 1.25 years. total yearly compensation is $3.31M, comprised of 21% salary and 79% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth €1.49M. The average tenure of the management team and the board of directors is 2.1 years and 7.5 years respectively.
Key information
Vik Atal
Chief executive officer
US$3.3m
Total compensation
CEO salary percentage | 21.0% |
CEO tenure | 1.3yrs |
CEO ownership | 0.2% |
Management average tenure | 2.1yrs |
Board average tenure | 7.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | -US$21m |
Dec 31 2023 | US$3m | US$694k | -US$83m |
Sep 30 2023 | n/a | n/a | -US$59m |
Jun 30 2023 | n/a | n/a | -US$22m |
Mar 31 2023 | n/a | n/a | US$19m |
Dec 31 2022 | US$270k | n/a | US$117m |
Sep 30 2022 | n/a | n/a | US$135m |
Jun 30 2022 | n/a | n/a | US$145m |
Mar 31 2022 | n/a | n/a | US$165m |
Dec 31 2021 | US$256k | n/a | US$183m |
Sep 30 2021 | n/a | n/a | US$179m |
Jun 30 2021 | n/a | n/a | US$187m |
Mar 31 2021 | n/a | n/a | US$189m |
Dec 31 2020 | US$233k | n/a | US$149m |
Sep 30 2020 | n/a | n/a | US$147m |
Jun 30 2020 | n/a | n/a | US$129m |
Mar 31 2020 | n/a | n/a | US$90m |
Dec 31 2019 | US$221k | n/a | US$86m |
Sep 30 2019 | n/a | n/a | US$74m |
Jun 30 2019 | n/a | n/a | US$59m |
Mar 31 2019 | n/a | n/a | US$60m |
Dec 31 2018 | US$221k | n/a | US$66m |
Sep 30 2018 | n/a | n/a | US$140m |
Jun 30 2018 | n/a | n/a | US$145m |
Mar 31 2018 | n/a | n/a | US$137m |
Dec 31 2017 | US$207k | n/a | US$164m |
Compensation vs Market: Vik's total compensation ($USD3.31M) is above average for companies of similar size in the German market ($USD1.30M).
Compensation vs Earnings: Vik's compensation has increased whilst the company is unprofitable.
CEO
Vik Atal (68 yo)
1.3yrs
Tenure
US$3,306,511
Compensation
Mr. Vikram A. Atal, also known as Vik, serves as President & Chief Executive Officer of PRA Group, Inc. since March 27, 2023. He serves as a Senior Advisor at MissionOG Capital, LLC. He has served as Presi...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Co-Founder & Non-Executive Chairman | 22.3yrs | US$349.99k | 0.29% $ 2.3m | |
President | 1.3yrs | US$3.31m | 0.19% $ 1.5m | |
Executive VP & CFO | less than a year | US$1.19m | 0.036% $ 285.3k | |
Executive VP & Global Investments Officer | 9.9yrs | US$1.10m | 0.036% $ 282.6k | |
Executive VP | 1.8yrs | US$1.62m | 0.037% $ 287.2k | |
President of PRA Group Europe | 6yrs | US$1.85m | 0.13% $ 1.0m | |
Global Operations Officer | less than a year | no data | no data | |
Global Chief Information Officer | 2.3yrs | no data | no data | |
Senior Vice President of Finance & Investor Relations | no data | no data | no data | |
Chief Risk & Compliance Officer | less than a year | no data | no data | |
Senior Vice President of Communications & Public Policy | no data | no data | no data | |
Senior Vice President of Finance | 14yrs | no data | no data |
2.1yrs
Average Tenure
58.5yo
Average Age
Experienced Management: POV1's management team is considered experienced (2.1 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Co-Founder & Non-Executive Chairman | 22.3yrs | US$349.99k | 0.29% $ 2.3m | |
President | 8.8yrs | US$3.31m | 0.19% $ 1.5m | |
Independent Director | 19.7yrs | US$262.49k | 0.20% $ 1.6m | |
Lead Independent Director | 8.5yrs | US$269.99k | 0.086% $ 674.2k | |
Independent Director | 14.3yrs | US$262.49k | 0.11% $ 845.1k | |
Independent Director | 6.4yrs | US$269.99k | 0.092% $ 717.9k | |
Independent Director | less than a year | US$183.78k | 0.017% $ 133.6k | |
Independent Director | less than a year | no data | 0.0041% $ 32.2k | |
Independent Director | 11yrs | US$269.99k | 0.099% $ 771.8k | |
Independent Director | 3.9yrs | US$262.49k | 0.044% $ 343.2k | |
Independent Director | 3yrs | US$254.99k | 0.020% $ 156.1k | |
Independent Director | 5.4yrs | US$254.99k | 0.062% $ 486.1k |
7.5yrs
Average Tenure
63.5yo
Average Age
Experienced Board: POV1's board of directors are considered experienced (7.5 years average tenure).