DraftKings Appoints Two New Members to the Company’s Board of Directors

BOSTON, Sept. 23, 2020 (GLOBE NEWSWIRE) -- 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.”