People moves

DraftKings strengthens board with Mosley and Moore

2 minutes read
Daily fantasy and sportsbook operator DraftKings announced today (September 23) that Jocelyn Moore and Valerie Mosley have been appointed to the company’s board of directors, effective immediately.

The pair fills two newly created seats on the board which now consists of 15 members. The appointments follow recent news that NBA legend Michael Jordan will serve as a special advisor to the board, a position in exchange for which he received an equity interest in the company.

Jocelyn Moore is currently a venture partner at Ozone X Ventures in New York, an early-stage venture capital firm which invests in tech companies founded by women and members of minority groups, as well as serving as the executive-in-residence at private membership club The Gathering Spot in Atlanta.

She previously served as executive vice president of communications and public affairs for the National Football League (NFL), leading their public affairs response to the US Supreme Court’s repeal of the Professional and Amateur Sports Protection Act.

“I am absolutely thrilled to serve on the DraftKings’ Board of Directors”, she said. “With its innovative and engaging product offerings, DraftKings has revolutionised the way sports fans consume content”.

The board’s other new appointment, Valerie Mosley, is founder and chief executive of Upward Wealth, a technology platform helping working Americans to grow their net worth. Mosley also advises and invests in companies and assets through the financing advisory firm which she founded, Valmo Ventures, where she continues to act as CEO.

She was named one of the 50 Most Powerful Black Women in Business and one of the 75 Most Powerful African Americans on Wall Street by Black Enterprise Magazine.

Commenting on her appointment, she said: “DraftKings is a fast growing powerhouse of a company with a strong, competitive and compassionate management team. I look forward to helping DraftKings continue to add value to their shareholders and stakeholders”.

Read the full story on iGB North America.

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