Encore Capital Group Names New Vice President and Chief Risk Officer

Encore Capital Group, Inc.

, a leading provider of debt management and recovery solutions for consumers and property owners across a broad range of assets, announced today that Michael Haubenstock has joined the company as Vice President and Chief Risk Officer. Mr. Haubenstock will be responsible for managing Encore's enterprise risk framework and ensuring that the company's risk policies, controls, methodologies and reporting will continue to support the company's growth. Encore President and CEO Brandon Black said: "We are pleased to have someone of Mike's caliber assuming responsibility for this important new role at Encore. Mike will help us effectively manage our ongoing growth and development in a way that is consistent with our commitment to our consumers and our shareholders. He will be an integral part of the team that will work with the Consumer Financial Protection Bureau as they begin to engage with our industry."