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    Jason Park

    DraftKings Inc.

    Jason Park is a prominent executive at DraftKings, currently serving as the Chief Transformation Officer after transitioning from his previous role as Chief Financial Officer (CFO). He has been with DraftKings since June 2019, playing a crucial role in the company's financial strategy and growth.

    Professional Background

    • Chief Transformation Officer: As of May 1, 2024, Jason Park will lead initiatives aimed at enhancing operational efficiency and overseeing the integration of the recent $750 million acquisition of Jackpocket. This newly created position reflects DraftKings' focus on leveraging technology to improve business operations and profitability.124

    • Chief Financial Officer: During his tenure as CFO, Park was instrumental in driving significant revenue growth from $323 million in 2019 to approximately $3.67 billion in 2023. Under his leadership, DraftKings achieved positive adjusted EBITDA in the second and fourth quarters of 2023, marking a significant turnaround for the company.14

    • Previous Experience: Before joining DraftKings, Park spent over a decade at Bain Capital Private Equity as an Operating Partner, focusing on technology investments. He also worked for eight years at McKinsey & Company, where he developed strategic insights that contributed to value creation for various portfolio companies.35

    Education

    Jason Park holds an MBA from the Wharton School at the University of Pennsylvania and both a Master of Accountancy (MAcc) and a Bachelor of Business Administration (BBA) from the University of Michigan.3

    Personal Insights

    In interviews, Park has expressed enthusiasm for utilizing technology to transform business operations and enhance customer experiences. He is particularly focused on identifying efficiency opportunities that can lead to substantial profitability increases for DraftKings in the competitive online gaming market.124

    Overall, Jason Park is recognized for his strategic vision and leadership within DraftKings, contributing significantly to its growth and operational success in the rapidly evolving gaming industry.

    Highlights

    Apr 24 · allmine.com
    Jason K. Park Net Worth (2024) - Wallmine
    Mar 19 · next.io
    DraftKings CFO lands transformation role in latest leadership shake-up
    DraftKings CFO lands transformation role in latest leadership shake-up
    DraftKings details senior management reshuffle as CFO steps aside
    DraftKings Announces Leadership Changes to Increase Focus on ...

    Related Questions

    What are Jason Park's main responsibilities as the new Chief Transformational Officer?
    How did Jason Park contribute to DraftKings' financial growth during his tenure as CFO?
    What is the significance of the Jackpocket acquisition for DraftKings?
    How will Jason Park's background in private equity influence his new role?
    What are the key challenges Jason Park will face in his new position?
    Jason Park
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    Location

    Boston, Massachusetts, United States