Vice President, Procurement

At DraftKings, AI is becoming an integral part of both our present and future, powering how work gets done today, guiding smarter decisions, and sparking bold ideas. It's transforming how we enhance customer experiences, streamline operations, and unlock new possibilities. Our teams are energized by innovation and readily embrace emerging technology. We're not waiting for the future to arrive. We're shaping it, one bold step at a time. To those who see AI as a driver of progress, come build the future together.
The Crown Is Yours
The Vice President of Procurement is a highly visible, strategic leader responsible for building and leading a high-performing, enterprise-wide sourcing and procurement organization. This individual will develop and execute the vision, strategy, and operations to drive business value and deliver excellence across sourcing and procurement. You will oversee a team of 20 procurement professionals and manage a significant, complex spend portfolio.
This is a pivotal transformation role, with the opportunity to shape the future of sourcing and procurement at DraftKings. You will optimize third-party spend, enable business growth, mange vendors, and mitigate risk in a highly regulated environment.
What you'll do as a Vice President of Procurement

• Strategic Vision- Develop and execute a holistic sourcing and procurement strategy, governance, and operating model, aligned with DraftKings' business goals, balancing growth, efficiency, and innovation.
• Sourcing and Procurement Execution- Develop enterprise-wide strategic sourcing capabilities, category management strategies, and implementation plans to optimize spend while meeting business requirements. Continuously monitor procurement trends, market dynamics, and regulatory changes to ensure DraftKings remains agile and future-ready.
• Value Creation and Continuous Improvement- Deliver measurable business impact - such as cost savings, process efficiencies, and risk mitigations - through ongoing value initiatives, supplier negotiations, and operational improvement projects. Develop and report on procurement KPIs, using a data-driven approach to inform smarter, faster decision-making.
• Stakeholder Collaboration and Change Management- Serve as the senior advocate for Procurement, communicating the vision and driving engagement across the enterprise. Build strong relationships with cross-functional leaders across the business and act as a business partner and problem solver. Lead change management efforts for procurement transformation, ensuring buy-in, adoption, and ongoing engagement from key stakeholders.
• Procurement Technology and AI Enablement- Champion the adoption of modern procurement technology and analytics, ensuring the function is digitally enabled and data-driven. Leverage AI, machine learning, and intelligent automation to enhance processes.
• Talent Development and Leadership- Build, lead, and inspire a high-performing procurement team of 20 professionals, including 3-5 direct reports. Oversee and develop leaders across category management, procurement operations, value management, and vendor management. Recruit, hire, and onboard top talent as the team scales, fostering upskilling, talent retention, and a culture of accountability, innovation, and continuous improvement.

What you'll Bring

• 15+ years of progressive leadership experience in sourcing / procurement / vendor management, with at least 5 years in a senior leadership role
• Proven experience building or transforming a procurement function, including during periods of organizational scale-up or transformation
• Demonstrated ability to recruit, assess, hire, and onboard top procurement talent, and to develop high-performing teams
• Experience in a hyper-growth, tech environment, or highly regulated industry is a plus
• Strong strategic acumen and business partnership skills, with a record of delivering operational and financial impact
• Deep understanding of sourcing, procurement, and supplier management best practices, and digital procurement tools
• Experience managing significant spend portfolios (>$1B+) and complex vendor relationships
• Excellent communication, collaboration, and influencing skills, comfortable working at all levels of the organization
• Outstanding leadership and people development abilities, fostering high performance and engagement
• Bachelor's degree required; advanced degree or professional certification preferred
• Procurement certification (e.g. CPSM, CIPs, PMP) is a plus

Join Our Team
We're a publicly traded (NASDAQ: DKNG) technology company headquartered in Boston. As a regulated gaming company, you may be required to obtain a gaming license issued by the appropriate state agency as a condition of employment. Don't worry, we'll guide you through the process if this is relevant to your role.
The US base salary range for this full-time position is 264,000.00 USD - 330,000.00 USD, plus bonus, equity, and benefits as applicable. Our ranges are determined by role, level, and location. The compensation information displayed on each job posting reflects the range for new hire pay rates for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific pay range and how that was determined during the hiring process. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.