DraftKings’ Rookie CFO Has Eventful Start With M&A, Fee Reversal

  • ‘I love the challenge,’ Ellingson says of his new role
  • Revenue growth eases pressure to find cost cuts, he says
WATCH: Chief Future Officer: Alan Ellingson, DraftKingsSource: Bloomberg
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When sports-betting operator DraftKings Inc. announced a set of leadership changes in March, attention focused more on the outgoing chief financial officer than his successor.

Co-Founder and Chief Executive Officer Jason Robins tapped Jason Park to fill the new position of chief transformation officer, ending his nearly five-year run as CFO. Replacing Park was Alan Ellingson, DraftKings’ senior vice president of finance and analytics.