DraftKings appoints Gregory Wendt as independent board director

October 28, 2025 4:15 PM EDT

DraftKings Inc. (NASDAQ: DKNG) announced the appointment of Gregory W. Wendt to its Board of Directors as an independent director, effective October 24, 2025.



Wendt will serve on the Board's Nominating and Corporate Governance Committee following a recommendation from that committee. The appointment was announced by the Boston-based sports betting and gaming company.



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 his 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.



"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."



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.



DraftKings operates mobile and retail sports betting in 28 states, Washington D.C. and Ontario, Canada, according to the company's press release statement. The company also operates iGaming in five states and Ontario, Canada under its DraftKings brand and in four states and Ontario, Canada under its Golden Nugget Online Gaming brand.


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