DraftKings welcomes back former exec as chief accounting officer

DraftKings has appointed one of its former executives, Erik Bradbury, as the group’s new chief accounting officer.

Bradbury will join the Boston-based giant on or around August 12, the firm confirmed in an SEC filing yesterday, June 13.

The exec is set to return to the role he vacated last September, having originally joined DraftKings three years prior.

On his departure from the operator, Bradbury moved to software development company IAC as SVP controller and chief accounting officer.

The 46-year-old has spent the majority of his career at Ernst & Young, becoming a partner in July 2017 after a two-year stint away from the firm.

Bradbury’s return will see Alan Ellingson step down as the group’s principal accounting officer.

DraftKings said the change in roles was “not a result of any disagreement on any matter relating to DraftKings’ accounting practices, operations or policies.”

Ellingson will remain as the business’ CFO, having stepped up to replace Jason Park in May.

Park shifted to a new position as chief transformation officer with a core remit of overseeing the integration of Jackpocket after DraftKings splashed out $750m to acquire the lottery courier.

Park had served as DraftKings CFO since June 2019 while Ellingson joined the group in February 2020 as VP of financial planning and analysis. He was then made SVP of finance in February 2023.

Alongside Bradbury’s appointment, DraftKings has approved a restricted stock unit award with a value of $1.6m, which will vest over a four-year period.

The group’s compensation committee has also approved an award of performance-based stock units worth $3.2m.