DraftKings Appoints Two New Members to the Company’s Board of Directors
September 23 2020 - 7:30AM
DraftKings Inc. (Nasdaq: DKNG) today announced that the Company’s
Board of Directors (the “Board”) has appointed Jocelyn Moore and
Valerie Mosley as new directors effective as of September 23, 2020.
Ms. Moore and Ms. Mosley fill two newly created seats on the Board,
which will now consist of 15 members. The new board appointments
follow DraftKings’ recent announcement that Michael Jordan, NBA
Hall of Fame inductee, six-time NBA Finals MVP and Chairman of
Hornets Sports & Entertainment, will serve as a Special Advisor
to the Board.
“I am very much looking forward to working closely with both
Valerie and Jocelyn as we continue to grow DraftKings,” said Jason
Robins, DraftKings Co-Founder, CEO and Chairman of the Board. “They
each bring a unique skill set that will complement those of our
existing members while simultaneously bringing new perspectives and
ideas to the table.”
Jocelyn Moore is currently a Venture Partner at Ozone X Ventures
in New York and serves as the Executive-in-Residence at The
Gathering Spot in Atlanta. Previously she served as Executive Vice
President of Communications and Public Affairs for the National
Football League, responsible for establishing communications and
public affairs as strategic business assets, enhancing storytelling
around the league’s community impact and leadership role in society
and leading their public affairs response to the U.S. Supreme
Court's repeal of PASPA.
Prior to working with the NFL, Ms. Moore was a Managing Director
at The Glover Park Group, a leading national communications and
government affairs consulting firm, and spent 15 years in various
staff positions for the United States Senate. Ms. Moore has been
recognized as a Sports Betting Power Player by both Business
Insider and Sports Business Journal and as a Notable Woman in the
Business of Sports by Crain's New York Business.
“I am absolutely thrilled to serve on the DraftKings’ Board of
Directors. With its innovative and engaging product offerings,
DraftKings has revolutionized the way sports fans consume content,”
said Ms. Moore. “As a responsible corporate citizen, DraftKings is
also doing authentic, intentional work to support racial equality
and social justice – as demonstrated by today’s Board announcement
as well as the company’s $1 million annual commitment to its
Inclusion, Equity, and Belonging initiative. I look forward to
helping DraftKings continue to innovate for consumers and deliver
value for shareholders.”
Valerie Mosley is the founder and CEO of Upward Wealth, a
wealth-tech platform that helps hard-working Americans grow their
net worth. Ms. Mosley advises and invests in companies, assets and
efforts that add value to society and shareholders through Valmo
Ventures. Ms. Mosley spent most of her career at Wellington
Management Company, LLP, a trillion dollar global money management
firm, where she was a Senior Vice President, Partner, Portfolio
Manager and Investment Strategist. During her 20-year tenure at the
firm, Ms. Mosley directly managed billions for clients, served on a
number of key Investment Committees, and chaired the firm’s
Industry Strategy Group, charged with taking a long-term
perspective to identify headwinds and tailwinds impacting
industries.
She currently serves on the board of Eaton Vance’s family of
mutual funds, Envestnet and Groupon. She serves on New York State’s
Common Retirement Pension Fund Investment Advisory Committee, and
is a board member for New Profit, a philanthropic venture firm that
helps social entrepreneurs scale businesses. Ms. Mosley was named
UK’s Powerlist International Person of the Year 2017, and one of
the 50 Most Powerful Black Women in Business and one of the 75 Most
Powerful African Americans on Wall Street by Black Enterprise
Magazine.
“DraftKings is a fast growing, powerhouse of a company with a
strong, competitive and compassionate management team. I look
forward to helping DraftKings continue to add value to their
shareholders and stakeholders,” said Ms. Mosley. “I have invested
in and advised small private companies and large public ones, and
I’m excited to help DraftKings continue its already impressive
transition into a smart, strategic and well-managed public
company.”
About DraftKingsDraftKings Inc. (Nasdaq: DKNG)
is a digital sports entertainment and gaming company created to
fuel the competitive spirits of sports fans with products that
range across daily fantasy, regulated gaming and digital media.
Headquartered in Boston, and launched in 2012 by Jason Robins, Matt
Kalish and Paul Liberman, DraftKings is the only U.S.-based
vertically integrated sports betting operator. DraftKings is a
multi-channel provider of sports betting and gaming technologies,
powering sports and gaming entertainment for 50+ operators across
more than 15 regulated U.S. and global markets, including Arkansas
and Oregon in the U.S. DraftKings’ Sportsbook offers mobile and
retail betting for major U.S. and international sports and operates
in the United States pursuant to regulations in Colorado, Illinois,
Indiana, Iowa, Mississippi, New Hampshire, New Jersey, New York,
Pennsylvania and West Virginia. DraftKings’ daily fantasy sports
product is available in 8 countries internationally with 15
distinct sports categories. DraftKings is the official daily
fantasy partner of the NFL, MLB and the PGA TOUR as well as an
authorized gaming operator of the NBA and MLB and an official
betting operator of the PGA TOUR.
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