logo
logo

Pra Group Appoints Martin Sjolund As Chief Executive Officer

Apr 07, 2025•4 months ago

Position

Chief Executive Officer

Company

PRA Group

Martin Sjolund
NorfolkFinancial Services

Description

PRA Group, Inc. has announced the appointment of Martin Sjolund as President and Chief Executive Officer, effective June 17, 2025. He succeeds Vikram Atal, who will retire and transition to a senior advisor role until December 31, 2025.

Company Information

Company

PRA Group

Location

Norfolk, Virginia, United States

About

Aktiv Kapital AS was a prominent business in the nonperforming loans industry throughout Europe and Canada. It was acquired by PRA Group, Inc., marking the start of significant global expansion for PRA Group.

Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months

Related People

Adrian hidden

hidden

Martin hidden

Adrian hidden

hidden