“Both executives will continue their long tenures with FanDuel, during which they have helped steward the company's explosive growth,” a statement from the company read.
The promotions, which are effective immediately, provide FanDuel with “important leadership continuity”, with each executive having separate and direct reporting lines to CEO Amy Howe.
Howe commented: “It cannot be overstated how seminal both Christian and Mike have been to not only the success of FanDuel but to the industry more broadly.
“Each has helped nurture and evolve FanDuel from innovative upstart to the dominant market leader in sports betting and iGaming. I am delighted to expand their roles as we continue into the future.”
New President Genetski will oversee all of the company’s business development, partnership, corporate strategy, and government affairs units, and will also be responsible for driving FanDuel’s vision and execution of strategic partnerships and new business initiatives. He previously served as FanDuel's Chief Legal Officer.
Raffensperger will oversee revenue generation across the group’s sportsbook, casino, racing, daily fantasy and free-to-play platforms, and will also assume oversight for FanDuel’s content and programming assets. He previously held the role of FanDuel's Chief Marketing Officer.
Howe continued: “Keeping Christian's deep institutional knowledge within FanDuel was critically important to me. In his expanded role, Christian's expert voice will impact decisions that are vital to creating a sustainable long-term business, while providing critical continuity for FanDuel to thrive in the future. Similarly, Mike's leadership of our revenue producing commercial units and marketing is a structure we believe best positions us for growth and reflects how important his performance has been to our success.”
