Board member to assume role until permanent successor named

CHICAGO, November 13, 2024

– PRA, a leader in the Business Events industry, announces Tom Kemp, current board member of PRA, has been named interim Chief Executive Officer (CEO) overseeing all business operations across 31 service locations in North America. He follows Mike Fiber, who served as CEO of PRA for five years before announcing his plans to step down and pursue other opportunities. PRA is majority owned by investment funds managed by EagleTree Capital. EagleTree Capital and the company’s Board of Directors have begun a search for a permanent CEO.

Kemp brings a wealth of experience in meetings, incentives, conferences, and exhibitions industry, paired with a deep knowledge of PRA and its promising avenues for growth. His extensive background includes a notable tenure as CEO of Northstar Travel Group from 2009 to 2023, and he now serves as the Chairman of the Board. Kemp’s comprehensive experience, coupled with guidance from the company’s senior leadership team, ensures a smooth and steady transition period.

“I am honored to join PRA as interim CEO and look forward to supporting the leadership team in its mission to create unique experiences for clients that move businesses forward,” Kemp said in a statement. “PRA leadership and team members are deeply committed to continued success as we begin the search for an individual to lead the company into another exciting chapter as PRA embarks on its next phase of growth. I’d like to thank Mike Fiber for his years of contribution and significant impact and wish him great success in future endeavors.”

“PRA is fortunate to benefit from an exceptionally strong team with leaders who have a clear vision for the continued success of the business,” said Michael Struble, Senior Partner, EagleTree Capital, “With Tom serving as interim CEO while the search for a permanent CEO is underway, the Board of Directors is confident that PRA’s steadfast commitment to serving valued clients will continue the strong momentum in place.”