Executive Change: Portfolio Recovery Associates Appoints Elizabeth Shumadine VP, Biz Dev

NORFOLK, VA — Portfolio Recovery Associates, Inc., (NASDAQ: PRAA) a company that purchases and manages portfolios of defaulted consumer receivables and provides a broad range of receivables management and payments processing services, today announced the hiring of Elizabeth Shumadine as vice president, Business Development.

Shumadine was appointed to the new role at Portfolio Recovery Associates (PRA) this month. Her position involves efforts to diversify and grow PRA’s base of revenues. She reports to Kent McCammon, president of Revenue Enhancement Services and Business Development.

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