SBC News DraftKings appoints 'tech financing pro' Jason Park as new CFO

DraftKings appoints ‘tech financing pro’ Jason Park as new CFO

The governance of DraftKings Inc has confirmed the appointment of former Bain Capital executive Jason Park as new Chief Financial Officer (CFO), helping the company pursue its imminent US sports betting opportunities and interests.

The executive appointment sees DraftKings restructure its corporate finance leadership, with current CFO incumbent Tim Dent transitioning to the executive position of Chief Compliance Officer (CCO).

Leading the firm’s financial frameworks, management and planning, Jason Park joins DraftKings from Boston-based private investment fund Bain Capital, where he served as Operating Partner leading technology and innovation led investments.

“I am thrilled to be joining DraftKings at this important inflexion point for the company,” Park comments on joining DraftKings

“DraftKings has already established itself as a clear leader in the sports technology and entertainment arena and I look forward to working with this exceptional team to drive and capture the significant growth potential ahead.”

In his CFO remit, Park will serve as a strategic advisor to DraftKings CEO & Co-Founder Jason Robins, helping the company advance and grow its US sports betting opportunities.

“DraftKings has experienced exponential growth over the last year and we are excited to welcome someone of Jason’s calibre to the team,” Jason Robins comments on the CFO appointment.

“Jason will step in and help accomplish our long-term financial goals. He has a track record of success around investments and acquisitions which will aid in the growth of our business and his world-class background in evolving and executing growth plans will make him invaluable to our organization.”

Check Also

SBC News XLMedia upgrades Advance Local partnership to cover Massachusetts

XLMedia upgrades Advance Local partnership to cover Massachusetts

XLMedia Plc has enhanced its partnership with US publisher Advance Local, which will see it …

SBC News Nuvei deepens LatAm and Igaming vision with new board appointments

Nuvei deepens LatAm and Igaming vision with new board appointments

Digital payments group Nuvei Corporation has announced to the Toronto Stock Exchange (TSX) and Global …

SBC News DraftKings withdraws Entain acquisition bid after month of negotiations

DraftKings withdraws Entain acquisition bid after month of negotiations

DraftKings has confirmed that it will not pursue a takeover of UK betting and gaming …