FanDuel looks within for new CFO hire
US sportsbook operator recruits parent company Flutter’s group investor relations director David Jennings
FanDuel has confirmed the appointment of Flutter Entertainment alumni David Jennings as its new chief financial officer.
Jennings previously served as group director of investor relations, financial planning and analysis (FP&A) for FanDuel parent company Flutter, having transitioned from a director of corporate finance and investor relations role in May 2020.
Prior to joining Flutter, he served as an equity research analyst, firstly at Goldman Sachs Asset Management and then at J&E Davy where he focused on the gaming industry and in particular the rise of online and mobile wagering.
In his new role as CFO, Jennings will have responsibility over areas including FP&A, strategy, accounting, procurement, tax and treasury in support of the operator’s sportsbook, casino, racing, daily fantasy, retail and corporate functions.
FanDuel CEO Amy Howe welcomed the internal transfer, highlighting the benefits of adding the experienced Jennings to the US sportsbook’s operations.
“David is a consummate financial executive who brings valuable institutional knowledge to FanDuel, and I’m delighted to welcome him to our leadership team,” Howe said.
“As we continue to grow our business and increase our market share, David will bring a keen eye for how we can continuously improve our financial approach and discipline, a hallmark of Flutter and FanDuel’s strength,” she added.
Jennings’ appointment is FanDuel’s second major hire in the space of two months, following the hire of Tricia Alcamo as chief people officer in April.
Flutter recently secured a hattrick of EGR US Power Rankings victories fuelled largely by FanDuel’s success as America’s market leader in sports betting.