Adrian Johnson
TLDR:
- DraftKings appoints Erik Bradbury as chief accounting officer effective August 12.
- CFO Alan Ellingson will no longer serve as the principal accounting officer.
DraftKings, the digital sports entertainment and gaming company, announced the appointment of Erik Bradbury as chief accounting officer and principal accounting officer. Bradbury, who most recently served in a similar role at IAC, will take up his new position on or about August 12. This move sees current CFO Alan Ellingson stepping down from his role as principal accounting officer.
Key Elements of the Article:
DraftKings appoints Erik Bradbury as chief accounting officer effective August 12, replacing CFO Alan Ellingson in this role. Bradbury previously served as the chief accounting officer at DraftKings from September 2020 to September 2023 before moving to IAC.
The change in principal accounting officer is stated to be unrelated to any disagreement within the company. DraftKings shares were trading at +0.80% pre-market following the announcement.
The appointment of Bradbury as chief accounting officer is seen as a strategic move for DraftKings, with positive implications for the company’s financial management and operations. The decision reflects DraftKings’ continued focus on strengthening its leadership team and driving growth in the digital sports entertainment and gaming sector.
