About Jefferson Capital

About Us

Founded in 2002, Jefferson Capital is one of the nation’s leading purchasers and servicers of consumer charged off and bankruptcy receivables including both secured and unsecured assets.  Jefferson Capital’s growing client base includes Fortune 500 creditors, banks, telecommunications providers, credit card issuers, private student loan originators, and auto finance companies.  Jefferson Capital is headquartered in St. Cloud, Minnesota with additional operations in Minneapolis, Minnesota, Denver, Colorado and Basingstoke, United Kingdom.

David Burton

President and Chief Executive Officer

David Burton joined Jefferson Capital in 2002. Prior to that he was Group President of OSI Education Services, Inc., a subsidiary of Outsourcing Solutions, Inc. (OSI), one of the nation’s largest accounts receivable management service providers. David entered the accounts receivable industry when he joined A.M. Miller & Associates, Inc. in 1992, eventually becoming its President and COO. David earned a Bachelor’s degree from the University of Michigan School of Business Administration with a concentration in Finance and Law.

Paul Dunn

Chief Financial Officer

Paul Dunn joined Jefferson Capital in 2012 and brings over 30 years of finance experience working in both private and public companies.  Prior to joining Jefferson Capital, he served as Chief Financial Officer of Value Options, a privately owned healthcare company.  Prior to that he served in a variety of financial roles for both manufacturing and service businesses.  Paul holds a BA, MA and MBA degrees from the University of Virginia.

Matt Pfohl

Senior Vice President and General Counsel

Matt Pfohl joined Jefferson Capital in 2015 with 22 years of legal experience. After several years as a criminal prosecutor and civil litigator, he served as General Counsel for five years for a national hospitality company. He then spent seven years in private practice with a Minneapolis law firm, before becoming Vice President- Compliance and General Counsel for a national auto sales and finance organization with a significant consumer financial services component. A member of the company's senior management team, he led their responses to State and Federal regulatory investigations and focused on strategic initiatives. Matt has been certified as a consumer credit compliance professional by NAFA. he holds a B.A. in Economics from the University of Notre Dame, a J.D. from Loyola University of Chicago, and received a Certificate in Franchise Management from the MBA program at the University of St. Thomas Opus College of Business.

Mark Zellmann

Director of Debt Collection Acquisitions and Operations

Mark Zellmann joined Jefferson Capital in 2004 and oversees the Debt Collections Business line  where we purchase non-performing consumer receivables. In his position, Mark is responsible for Pricing Analytics & Underwriting, Portfolio Management, and Operations.  Mark received a BA degree from the University of Minnesota in 2003.  He received an MBA from St. Cloud State University in 2008 and earned the Certified Management Accountant designation in 2011. 

Johnathan Kirby

Director of Bankruptcy Acquisitions and Servicing Operations

Johnathan Kirby joined Jefferson Capital in 2002 from Fingerhut, where he played a key role in managing work flow design.  He was instrumental in developing Jefferson Capital's industry-leading proprietary bankruptcy platform.  John has since assumed responsibilities of bankruptcy acquisitions, analytics, and post acquisition performance and has led our bankruptcy operations for more than five years.  He joined Jefferson Capital with a programming background from St. Cloud Technical College.

Scott Gallagher


Scott Gallagher joined Jefferson Capital in 2002 from Fingerhut, where he played a key role in managing Call Center and Correspondence operations and work flow. He was instrumental in developing Jefferson Capital's Payment Rewards Program and leading internal call center operations. Scott has since assumed responsibilities for program development, client relations, analytics, and post program performance. He has a BS degree from Bemidji State University.

Penny Campbell

Vice President, Business Development

Penny Campbell joined Jefferson Capital in 2002, as Manager of External Recovery Outsourcing. Penny has since held a variety of roles including oversight of the US Balance Transfer Program, Client Services and Marketing.  She is currently responsible for overseeing the Sales and Marketing Team, developing new and existing client relationships with originators of credit, including private label and retail credit cards, consumer loans,  lines of credit, telecom, auto, and student loans, offering acquisitions and servicing of bankruptcy and charged-off receivables.  Penny has over 29 years of operations management and sales leadership experience with 14 years at Fingerhut Corporation. Penny holds two degrees from the St. Cloud Business College.