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DraftKings Appoints Gregory W. Wendt to Board of Directors

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DraftKings (Nasdaq: DKNG) appointed Gregory W. Wendt to its Board of Directors as an independent director, effective October 24, 2025. He was recommended by the Board’s Nominating and Corporate Governance Committee and will serve on that committee.

Mr. Wendt retired as a Partner at Capital Group after a 37-year career, where he worked as an investment analyst and portfolio manager with research coverage of the global casino and leisure sectors. He holds an A.B. in Economics from the University of Chicago and an M.B.A. from Harvard.

DraftKings (Nasdaq: DKNG) ha nominato Gregory W. Wendt al proprio Consiglio di Amministrazione come membro indipendente, con effetto 24 ottobre 2025. È stato raccomandato dal Committee per la Nominatione e la Corporate Governance del Consiglio e farà parte anche di tale comitato.

Il signor Wendt si è ritirato come Partner di Capital Group dopo una carriera di 37 anni, dove ha lavorato come analista finanziario e responsabile di portafoglio con copertura di ricerca sui settori globale del gioco d'azzardo e del tempo libero. Possiede un A.B. in Economia presso l'Università di Chicago e un MBA presso Harvard.

DraftKings (Nasdaq: DKNG) nombró Gregory W. Wendt a su Junta Directiva como miembro independiente, con efecto a partir del 24 de octubre de 2025. Fue recomendado por el Comité de Nombramientos y Gobernanza Corporativa de la Junta y formará parte de dicho comité.

El señor Wendt se retiró como Socio de Capital Group tras una carrera de 37 años, donde trabajó como analista de inversiones y gerente de cartera, con cobertura de investigación de los sectores globales de casino y ocio. Posee una A.B. en Economía de la Universidad de Chicago y un MBA de Harvard.

DraftKings (Nasdaq: DKNG) 이사회에 독립 이사로 임명된 Gregory W. Wendt 씨가 2025년 10월 24일부로 효력을 발휘합니다. 그는 이사회 임명 및 기업 거버넌스 위원회의 추천으로 해당 위원회에서 활동할 예정입니다.

Wendt 씨는 Capital Group의 파트너로 은퇴했으며, 37년의 경력 동안 글로벌 카지노 및 레저 부문의 연구 커버리지를 가진 투자 분석가 겸 포트폴리오 매니저로 일했습니다. 시카고 대학교 경제학 학사(A.B.)와 하버드 MBA를 보유하고 있습니다.

DraftKings (Nasdaq: DKNG) a nommé Gregory W. Wendt au conseil d'administration en tant qu'administrateur indépendant, avec effet à partir du 24 octobre 2025. Il a été recommandé par le Comité de nomination et de gouvernance d'entreprise du conseil et y siègera.

M. Wendt a pris sa retraite en tant que partenaire chez Capital Group après une carrière de 37 ans, où il a travaillé en tant qu'analyste financier et gestionnaire de portefeuille avec une couverture de recherche des secteurs mondiaux du casino et des loisirs. Il détient un A.B. en économie de l'Université de Chicago et un MBA de Harvard.

DraftKings (Nasdaq: DKNG) berief Gregory W. Wendt als unabhängiges Mitglied in den Vorstand, mit Wirkung zum 24. Oktober 2025. Er wurde vom Nominating and Corporate Governance Committee des Vorstands empfohlen und wird diesem Ausschuss auch angehören.

Herr Wendt trat als Partner bei Capital Group nach einer 37-jährigen Karriere zurück, wo er als Investmentanalyst und Portfoliomanager tätig war und die Forschungsabdeckung der globalen Casino- und Freizeitsektoren betreute. Er hält einen A.B. in Economics von der University of Chicago und einen MBA von Harvard.

DraftKings (Nasdaq: DKNG) عيّن غريغوري و. ويندت في مجلس الإدارة كعضو مستقل، ساري المفعول ابتداءً من 24 أكتوبر 2025. وقد أُوصِي به من قبل لجنة التعيينات والحوكمة المؤسسية في المجلس وسيعمل في تلك اللجنة.

تقاعد السيد ويندت كشريك في Capital Group بعد مسيرة امتدت لـ 37 عاماً، حيث عمل كمحلّل استثماري ومدير محفظة مع تغطية بحثية لقطاعات الكازينو والترفيه العالمية. يحوز شهادة A.B. في الاقتصاد من جامعة شيكاغو وماجستير إدارة الأعمال من Harvard.

DraftKings (Nasdaq: DKNG) 任命 Gregory W. Wendt 为独立董事,其任命自 2025年10月24日起生效。他由董事会提名和公司治理委员会推荐,将在该委员会任职。

Wendt 先生在 Capital Group 担任合伙人直至退休,职业生涯为 37 年,曾任投资分析师和投资组合经理,负责全球赌场及休闲行业的研究覆盖。他拥有芝加哥大学的经济学学士(A.B.)学位,以及哈佛大学的工商管理硕士(MBA)。

Positive
  • Independent director appointment effective October 24, 2025
  • 37 years of investment management experience at Capital Group
  • Appointee will serve on the Nominating and Corporate Governance Committee
  • Direct experience researching the global casino and leisure sectors
Negative
  • None.

BOSTON, Oct. 28, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced the appointment of Gregory W. Wendt to its Board of Directors as an independent director, effective October 24, 2025. Mr. Wendt’s appointment follows the recommendation of the Board’s Nominating and Corporate Governance Committee, and he will also serve as a member of that committee.

“Greg brings deep expertise in investment management and a strong understanding of the gaming sector,” said Jason Robins, DraftKings’ Chief Executive Officer and Co-Founder. “His insights will be invaluable as we continue to scale our business, enhance the customer experience and strengthen DraftKings’ position as a leader in sports entertainment and technology.”

Mr. Wendt recently retired as a Partner of Capital Group Companies, one of the world’s largest investment management firms and parent company of the American Funds family of mutual funds. During a 37-year career with the firm, he served as an investment analyst and portfolio manager, with research responsibilities spanning the global casino sector and other leisure industries.

“I’m honored to join the DraftKings Board at such an exciting time for the company,” said Mr. Wendt. “DraftKings continues to redefine fan engagement and the gaming landscape through innovation that drives sustainable growth, and I look forward to supporting its future success.”

Mr. Wendt serves as a Trustee of the University of Chicago, where he earned his A.B. in Economics, and holds an M.B.A. from Harvard University.

About DraftKings

DraftKings Inc. is a digital sports entertainment and gaming company created to be the Ultimate Host and fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media. The company is headquartered in Boston and was launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman. DraftKings’ mission is to make life more exciting by responsibly creating the world’s favorite real-money games and betting experiences. DraftKings Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 28 states, Washington, D.C. and in Ontario, Canada. The Company operates iGaming pursuant to regulations in five states and in Ontario, Canada under its DraftKings brand and pursuant to regulations in four states and in Ontario, Canada, under its Golden Nugget Online Gaming brand. DraftKings also owns Jackpocket, the leading digital lottery courier app in the United States. DraftKings’ daily fantasy sports product is available in 44 states, the District of Columbia and certain Canadian provinces. DraftKings is both an official sports betting and daily fantasy partner of the NFL, NHL, PGA TOUR, WNBA and UFC, as well as an official daily fantasy partner of NASCAR, an official sports betting partner of the NBA and an authorized gaming operator of MLB. In addition, DraftKings owns and operates DraftKings Network a multi-platform content ecosystem. DraftKings is committed to being a responsible steward of this new era in real-money gaming by developing and promoting educational information and tools to help all players enjoy our games responsibly.

Contact

media@draftkings.com
@DraftKingsNews

Forward-Looking Statements

Certain statements made in this press release are “forward looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” ”would,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside DraftKings’ control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see DraftKings’ filings with the Securities and Exchange Commission. DraftKings does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.


FAQ

Who did DraftKings (DKNG) appoint to its board on October 24, 2025?

DraftKings appointed Gregory W. Wendt as an independent director effective October 24, 2025.

What role will Gregory W. Wendt hold on DraftKings' board (DKNG)?

He will serve as an independent director and a member of the Nominating and Corporate Governance Committee.

What is Gregory W. Wendt's professional background related to DraftKings (DKNG)?

He retired as a Partner at Capital Group after a 37-year career as an investment analyst and portfolio manager covering the global casino and leisure sectors.

When did DraftKings announce Gregory W. Wendt's board appointment (DKNG)?

DraftKings announced the appointment on October 28, 2025, with the appointment effective October 24, 2025.

Does Gregory W. Wendt have academic credentials relevant to DraftKings (DKNG)?

Yes. He holds an A.B. in Economics from the University of Chicago and an M.B.A. from Harvard.
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