CFO Dimensions 2015 CFO of the Year
CFO of the Year – to the company CFO who has led his or her company to the highest levels of performance in the arenas of risk management and/or driving top line growth while exhibiting exemplary personal and professional traits.
There is always plenty of work in the lives of CFOs and financial leaders, but not much celebrating. The CFO Dimensions CFO of the Year award is a chance to pause for a few moments and celebrate the accomplishments of great finance leaders and organizations that drive great companies.
And the CFO of the Year is...
Kevin Stevenson, EVP and CFO of PRA Group
Mr. Stevenson’s expertise stretches beyond his financial roles. In addition to his fiscal capacity, he oversees PRA Group’s operations in the Americas, as well as information technology, internal audit, vendor management and facilities. His entrepreneurial vision allows him to anticipate and respond to PRA’s new global business needs, and his focus to establish and refine integrated global solutions is pivotal to PRA’s success. Mr. Stevenson co-founded PRA Group with CEO Steve Fredrickson. He was a central player in the IPO that took PRA public in 2002, where he held approximately 100 investor meetings in the U.S. and U.K. in a two-week period, working tirelessly to ensure a successful IPO launch.
In the past year, Mr. Stevenson was instrumental in facilitating the $1.3 billion acquisition of Aktiv Kapital AS, a Norway-based leader in acquiring and servicing non-performing consumer loans throughout Europe and Canada. He raised all necessary capital and flawlessly led PRA’s financing functions through the acquisition, which expanded the company into 13 new international markets. The acquisition earned the prestigious Global M&A Deal of the Year award in the $1 billion to $5 billion category of the M&A Atlas awards in 2014, recognizing PRA for its corporate development strategies and operations, management team, and competitive brand leadership position.
Mr. Stevenson has directed eight major strategic business acquisitions for PRA, with responsibility for supporting due diligence and post-closing operational and financial integration. He has driven PRA’s successful capital raises, which have enabled the company’s extraordinary growth throughout the years.
PRA Group (Nasdaq: PRAA) is a global leader in acquiring non-performing loans. Headquartered in Norfolk, Virginia, PRA Group has business operations in 10 states and 10 countries, employing 3,900 people across North America and Europe.
The selection committee for the CFO Dimensions Awards of Excellence was an independent panel, consisting of multiple CFOs, including former Oracle CFO Jeff Epstein and many-time CFO Blair Cook.
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