---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-035592"
form_type: "8-K"
ticker: "DKNG"
cik: "0001883685"
company_name: "DraftKings Inc."
filed_at: "2024-03-18T23:59:59+00:00"
generated_at: "2026-06-04T15:55:47.613411+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DraftKings CFO Jason Park becomes Chief Transformation Officer; Alan Ellingson appointed CFO

## Summary
- Jason Park transitions to new Chief Transformation Officer role effective May 1, 2024, focusing on operational efficiencies, AI, and Jackpocket integration.
- Alan Ellingson, SVP Finance & Analytics, elevated to CFO, principal financial and accounting officer, also effective May 1, 2024.
- Park's transition is not due to any disagreement on accounting practices, operations, or policies.
- Ellingson receives base salary of $400,000, target bonus 100%, initial equity grants worth $5M ($3M RSUs, $2M PSUs).
- Under Park as CFO, DraftKings revenue grew from $323M (2019) to $3,665M (2023); stock price increased >325% since July 2019.

## SEC filing metadata
- accession: 0001104659-24-035592
- form_type: 8-K
- ticker: DKNG
- cik: 0001883685
- company_name: DraftKings Inc.
- filed_at: 2024-03-18T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883685/000110465924035592/0001104659-24-035592-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883685/000110465924035592/tm249060d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-035592
- JSON: https://secwatch.observer/filing/0001104659-24-035592.json
- Plain text: https://secwatch.observer/filing/0001104659-24-035592.txt

## Key facts
- Executive change
  Alan Ellingson was appointed as Chief Financial Officer at DraftKings Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: appointed Alan Ellingson, the Company's Senior Vice President, Finance and Analytics, as the Company's Chief Financial Officer, principal financial officer and principal accounting officer, effective as of May 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883685/000110465924035592/0001104659-24-035592-index.htm
- Executive change
  Jason Park changed role as Chief Transformation Officer at DraftKings Inc..
  - Action: transitioned
  - Role: Chief Transformation Officer
  source text: transition from Mr. Park's current role as the Company's Chief Financial Officer to the role of the Company's Chief Transformation Officer, effective May 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883685/000110465924035592/0001104659-24-035592-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.