DraftKings announces changes to leadership team
Jason Park and Alan Ellingson have assumed new roles at the company.
Two members of DraftKings’ team have taken up new positions within the company’s senior leadership.
Alan Ellingson, DraftKings’ SVP, Finance and Analytics, will take up the position of CFO, continuing to enhance shareholder value to help the operator achieve its financial objectives.
Meanwhile, DraftKings’ former CFO, Jason Park, will assume the newly formed role of Chief Transformation Officer, where he will lead “initiatives to deploy cutting edge technologies to capture additional operating efficiencies,” while also overseeing the proposed $750m acquisition of Jackpocket.
Ellingson has been with the company since 2020 and has worked with Park within the finance and accounting of the organization, including relating to the financial objectives. Park has been at DraftKings since 2019, overseeing the financial side of the company as well as its operational efficiency.
DraftKings CEO and Co-Founder Jason Robins said: “I have asked Jason Park to take on a new role at DraftKings to address and capture large efficiency opportunities that I expect will generate significant incremental profitability over the coming years.
“Jason’s unique skill set, based on his accomplishments over the last five years as our CFO and 11 years as a private equity operating partner, will allow us to further improve how we operate. In addition, I’m confident he will unlock the benefits of our proposed acquisition of Jackpocket following its closing to strengthen DraftKings’ position in US online gaming.
“There are also potentially transformational AI applications on the horizon that could change the way businesses operate and serve their customers to create potential long-term advantages.
“I am very excited to elevate Alan Ellingson to CFO and have him continue to lead the company on the very clear path that we have laid out. Alan has been with DraftKings for more than four years, has extensive experience across our finance and analytics teams, and most importantly, deeply understands our core value drivers and focus on maximizing shareholder value.”
In other company news, DraftKings last week unveiled its My Stat Sheet, a new responsible gaming tool for players.
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