Sports betting and daily fantasy sports operator DraftKings has appointed Erik Bradbury as its new chief accounting officer with immediate effect.
Reporting directly to chief financial officer Jason Park, Bradbury will oversee the operator’s corporate accounting functions, such as Securities and Exchange Commission (SEC) and regulatory reporting, operational accounting, accounting policy, and development of relevant accounting positions.
Bradbury takes on the role having served as a partner at Ernst and Young since July 2017, acting as lead partner for the firm’s largest global clients.
He worked for EY between 2008 and 2015, holding a number of positions including manager and senior manager of certain services.
Bradbury then spent two years away from Ernst and Young between September 2015 and August 2017, working as a professional accounting fellow at independent financial services resource Financial Executive International.
“Erik brings a breadth of expertise working with public companies applying US Generally Accepted Accounting Principles, International Financial Reporting Standards, and SEC reporting requirements, which will enhance our already strong corporate accounting team and help scale this function as the Company continues to grow,” DraftKings’ CFO Park said.
The appointment comes after last week it was announced that basketball icon Michael Jordan had taken an equity interest in DraftKings, in exchange for him becoming a special advisor to its board of directors.
Jordan will provide guidance and strategic advice on business initiatives such as company strategy, product development, diversity, equity and belonging, and marketing.
DraftKings last week also agreed to become the official sports betting and daily fantasy partner of Major League Baseball outfit the Chicago Cubs, and opened a second retail sportsbook in New Hampshire.