Velocity Portfolio Group Appoints Jan Stieger to Board of Directors

WALL, N.J.–(BUSINESS WIRE)–Velocity Portfolio Group, Inc., a leading receivables management company, has announced the addition of Jan Stieger, former Executive Director of the Receivables Management Association International (RMAI) to its Board of Directors as an independent Board Member.

Jan served as Executive Director of RMAI from 2011 through May 2024. She joins Chris DeCresce, Vice Chair of the Securities and Capital Markets practice at Paul Hastings as the second independent Board Member on Velocity’s Board of Directors.

Jim Mastriani, President of Velocity commented: “Jan’s reputation in receivables management is unparalleled among industry stakeholders and regulators. She has been a leading voice in the industry for over a decade, and her deep experience in working to promote the important role that the receivables management industry plays in the credit ecosystem will be invaluable to Velocity as we continue to grow.”

About Velocity

Velocity Portfolio Group, Inc. was founded in 2004 and is a leading specialty finance company focused on the acquisition and management of nonperforming consumer receivables purchased from financial institutions and other issuers of consumer credit.