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DraftKings | 8-K: Appointment of Chief Accounting Officer

SEC announcement ·  Jun 13 08:18
Summary by Moomoo AI
DraftKings Inc., a Nevada-based company listed on the Nasdaq Stock Market under the symbol DKNG, has announced the appointment of Erik Bradbury as the new Chief Accounting Officer, effective August 12, 2024. The announcement was made in a Form 8-K report filed with the United States Securities and Exchange Commission, dated June 13, 2024, with the event occurring on June 9, 2024. Bradbury, with over 20 years of experience, previously served as Senior Vice President, Controller & Chief Accounting Officer for IAC Inc. and was DraftKings' Chief Accounting Officer from September 2020 to September 2023. His prior roles include Partner at Ernst & Young LLP and Professional Accounting Fellow at Financial Executives International. Bradbury's educational background includes an accounting degree from Brigham Young University, and he is a Certified...Show More
DraftKings Inc., a Nevada-based company listed on the Nasdaq Stock Market under the symbol DKNG, has announced the appointment of Erik Bradbury as the new Chief Accounting Officer, effective August 12, 2024. The announcement was made in a Form 8-K report filed with the United States Securities and Exchange Commission, dated June 13, 2024, with the event occurring on June 9, 2024. Bradbury, with over 20 years of experience, previously served as Senior Vice President, Controller & Chief Accounting Officer for IAC Inc. and was DraftKings' Chief Accounting Officer from September 2020 to September 2023. His prior roles include Partner at Ernst & Young LLP and Professional Accounting Fellow at Financial Executives International. Bradbury's educational background includes an accounting degree from Brigham Young University, and he is a Certified Public Accountant. As part of his compensation, Bradbury will receive restricted stock units valued at $1,633,333 and performance-based stock units worth $3,266,667, with vesting tied to the company's performance in 2025 and 2027. Alan Ellingson, the current Chief Financial Officer, will cease to serve as the principal accounting officer upon Bradbury's appointment. The company clarified that the change in the principal accounting officer is not due to any disagreements on accounting practices, operations, or policies.

This announcement is a separate document:

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