Seth Magalaner

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Articles

DraftKings’ Rookie CFO Has Eventful Start With M&A, Fee Reversal

Nov 13, 2024 | bloomberg.com | Seth Magalaner |Dani Burger

When sports-betting operator DraftKings Inc. announced a set of leadership changes in March, attention focused more on the outgoing chief financial officer than his successor. Co-Founder and Chief Executive Officer Jason Robins tapped Jason Park to fill the new position of chief transformation officer, ending his nearly five-year run as CFO. Replacing Park was Alan Ellingson, DraftKings’ senior vice president of finance and analytics.
DraftKings’ Rookie CFO Has Eventful Start With M&A, Fee Reversal

Nov 13, 2024 | bnnbloomberg.ca | Seth Magalaner |Dani Burger

(Bloomberg) -- When sports-betting operator DraftKings Inc. announced a set of leadership changes in March, attention focused more on the outgoing chief financial officer than his successor. Co-Founder and Chief Executive Officer Jason Robins tapped Jason Park to fill the new position of chief transformation officer, ending his nearly five-year run as CFO. Replacing Park was Alan Ellingson, DraftKings’ senior vice president of finance and analytics.
Shrinkflation, AI and $1-a-Day Dog Food: The View From the CFO’s Office

Jul 11, 2024 | bnnbloomberg.ca | Seth Magalaner |Romaine Bostick

(Bloomberg) -- After four years as chief financial officer of General Mills Inc., Kofi Bruce has grown accustomed to the unexpected. “None of the events that have really transpired since I’ve been in the role have been scripted,” Bruce said in an interview for Bloomberg Chief Future Officer. “They don’t fit normal patterns.”Shocks come with the territory if your tenure as CFO began in February 2020, just weeks before Covid swept through the US.
Shrinkflation, AI and $1-a-Day Dog Food: The View From the CFO’s Office

Jul 11, 2024 | finance.yahoo.com | Seth Magalaner |Romaine Bostick

(Bloomberg) -- After four years as chief financial officer of General Mills Inc., Kofi Bruce has grown accustomed to the unexpected.eroding market share for name brands Most Read from Bloomberg Saudis Warned G-7 Over Russia Seizures With Debt Sale Threat Archegos’ Bill Hwang Convicted of Fraud, Market Manipulation Biden Aides to Meet Senators After Pelosi Remarks Deal Blow NATO Singles Out China Over Its Support for Russia in Ukraine Distressed Property Buyers Seek Out ‘Exceptional Bargains’...