DraftKings Management
Management criteria checks 3/4
DraftKings' CEO is Jason Robins, appointed in Dec 2011, has a tenure of 12.42 years. total yearly compensation is $20.76M, comprised of 0% salary and 100% bonuses, including company stock and options. directly owns 0.66% of the company’s shares, worth $131.13M. The average tenure of the management team and the board of directors is 4.9 years and 4.1 years respectively.
Key information
Jason Robins
Chief executive officer
US$20.8m
Total compensation
| CEO salary percentage | 0.0% |
| CEO tenure | 12.4yrs |
| CEO ownership | 0.7% |
| Management average tenure | 4.9yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
DraftKings Inc.'s (NASDAQ:DKNG) Price In Tune With Revenues
Apr 30
DraftKings: Good Growth Prospects, But Overvalued
Apr 19DraftKings (NASDAQ:DKNG) Has Debt But No Earnings; Should You Worry?
Mar 18DraftKings: More Fuel For The Rally
Mar 18DraftKings: Time For A Big Bet
Feb 26DraftKings: Q4 Results Support A Strong Long-Term Success Story
Feb 16DraftKings: Striving For Profitability, But Is It Enough? (Downgrade)
Jan 30DraftKings: The Long Term Opportunity Is Vast
Jan 23DraftKings (NASDAQ:DKNG) Is Carrying A Fair Bit Of Debt
Nov 30DraftKings Inc. (NASDAQ:DKNG) Shares Could Be 48% Below Their Intrinsic Value Estimate
Sep 17DraftKings (NASDAQ:DKNG) Is Making Moderate Use Of Debt
Aug 19Is DraftKings Inc. (NASDAQ:DKNG) Trading At A 44% Discount?
Jun 18Health Check: How Prudently Does DraftKings (NASDAQ:DKNG) Use Debt?
May 05Is It Time To Consider Buying DraftKings Inc. (NASDAQ:DKNG)?
Apr 14DraftKings Inc.'s (NASDAQ:DKNG) Intrinsic Value Is Potentially 87% Above Its Share Price
Feb 23Is DraftKings (NASDAQ:DKNG) Using Too Much Debt?
Jan 01DraftKings jumps 8% after report of a partnership with ESPN, Action Network reports
Oct 07DraftKings: I Want To Love The Stock After The 74.64% Fall, But I Just Can't
Sep 07DraftKings to launch online sportsbook in Kansas tomorrow
Aug 31DraftKings: Upside Move Blinks Caution Light, Not Fool's Gold Or 24k, Hold
Aug 12DraftKings Bottom Is Likely In, But Long-Term Prospects Remain Cloudy
Aug 04DraftKings: Rescue From Excessive Promo Spend May Be On The Way
Jul 26DraftKings: The Market Has Been Quietly Buying
Jul 16DraftKings: No Takers Taking A Run At The Stock Tells A Story
Jun 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$21m | US$1 | -US$802m |
| Sep 30 2023 | n/a | n/a | -US$1b |
| Jun 30 2023 | n/a | n/a | -US$1b |
| Mar 31 2023 | n/a | n/a | -US$1b |
| Dec 31 2022 | US$47m | US$1 | -US$1b |
| Sep 30 2022 | n/a | n/a | -US$1b |
| Jun 30 2022 | n/a | n/a | -US$2b |
| Mar 31 2022 | n/a | n/a | -US$2b |
| Dec 31 2021 | US$14m | US$113k | -US$2b |
| Sep 30 2021 | n/a | n/a | -US$1b |
| Jun 30 2021 | n/a | n/a | -US$1b |
| Mar 31 2021 | n/a | n/a | -US$2b |
| Dec 31 2020 | US$237m | US$650k | -US$1b |
| Sep 30 2020 | n/a | n/a | -US$1b |
| Jun 30 2020 | n/a | n/a | -US$679m |
| Mar 31 2020 | n/a | n/a | -US$181m |
| Dec 31 2019 | US$4m | US$400k | -US$143m |
| Sep 30 2019 | n/a | n/a | -US$115m |
| Dec 31 2018 | US$14m | US$400k | -US$76m |
Compensation vs Market: Jason's total compensation ($USD20.76M) is above average for companies of similar size in the US market ($USD13.59M).
Compensation vs Earnings: Jason's compensation has been consistent with company performance over the past year.
CEO
Jason Robins (42 yo)
12.4yrs
Tenure
US$20,757,991
Compensation
Mr. Jason D. Robins serves as Member of Strategic Advisory Board at DRIVE by DraftKings Holdings Inc. (formerly known as DraftKings Inc.). He is Member of Advisory Board at NetCapital Funding Portal Inc. H...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 12.4yrs | US$20.76m | 0.66% $ 131.1m | |
| Co-Founder | 12.4yrs | US$10.58m | 0.78% $ 155.8m | |
| Co-Founder | 12.4yrs | US$10.98m | 0.76% $ 151.1m | |
| Chief Transformation Officer & Principal Accounting Officer | less than a year | US$7.38m | 0.070% $ 14.0m | |
| Chief Legal Officer & Secretary | 6.5yrs | US$6.59m | 0.049% $ 9.7m | |
| Chief Financial Officer | no data | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Compliance Officer | 3.3yrs | no data | no data | |
| Chief Responsible Gaming Officer | less than a year | no data | no data |
4.9yrs
Average Tenure
42yo
Average Age
Experienced Management: DKNG's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | no data | US$20.76m | 0.66% $ 131.1m | |
| Co-Founder | 4.1yrs | US$10.58m | 0.78% $ 155.8m | |
| Co-Founder | 4.1yrs | US$10.98m | 0.76% $ 151.1m | |
| Special Advisor to Board | 3.7yrs | no data | no data | |
| Independent Vice Chairman of the Board | no data | US$340.22k | 0.17% $ 33.8m | |
| Independent Director | 4.1yrs | US$272.44k | 0.011% $ 2.1m | |
| Independent Director | 4.1yrs | US$287.69k | 0.037% $ 7.3m | |
| Independent Director | 4.1yrs | US$282.44k | 0.012% $ 2.3m | |
| Special Advisor to Board | 3.3yrs | no data | no data | |
| Independent Director | 3.7yrs | US$354.68k | 0.0060% $ 1.2m | |
| Independent Director | 4.1yrs | US$249.96k | 0.019% $ 3.7m | |
| Independent Director | 3.7yrs | US$281.49k | 0.0058% $ 1.2m |
4.1yrs
Average Tenure
47.5yo
Average Age
Experienced Board: DKNG's board of directors are considered experienced (4.1 years average tenure).