Steven D. Fredrickson

STEVEN D. FREDRICKSON is President, Chief Executive Officer and
Chairman of the Board of Portfolio Recovery Associates, Inc.
Prior to co-founding Portfolio Recovery Associates in 1996, Mr.
Fredrickson was Vice President, Director of Household Recovery
Services’ Portfolio Services Group from late 1993 until February
1996. At HRSC Mr. Fredrickson was ultimately responsible for
HRSC’s portfolio sale and purchase programs, finance and
accounting, as well as other functional areas. Prior to joining
HRSC, he spent five years with Household Commercial Financial
Services, managing a national commercial real estate workout
team, and five years with Continental Bank of Chicago as a member
of the FDIC workout department, specializing in corporate and
real estate workouts. He received a BS degree from the University
of Denver and an MBA degree from the University of Illinois. He
is a past Board member of the American Asset Buyers Association.