Director, Procurement (Technology & Product)

Job description

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 As Director of Procurement, you'll lead a team responsible for procurement strategy supporting Technology & Product. You will partner with senior leaders to develop commercial strategies that support product innovation, platform scalability, operational resilience, and responsible technology investment. By connecting technology roadmaps, consumption insights, and market intelligence, you'll help teams move quickly while delivering measurable value and improving business outcomes. What You'll Do Lead and develop a team of Procurement professionals supporting Technology & Product, setting clear priorities, building category expertise, and fostering a high-performance culture. Own the procurement strategy, supplier ecosystem, and sourcing roadmap across enterprise software, SaaS, cloud and infrastructure, hardware, telecom, data, AI, developer tools, cybersecurity, and technology services. Partner with executive and senior leaders across Technology, Product, Engineering, Data, Information Security, IT, Finance, and Legal to align procurement strategies with product roadmaps, architecture decisions, investment priorities, and growth plans. Lead complex sourcing initiatives and negotiations, including strategic software renewals, cloud and consumption commitments, enterprise licensing, AI and data arrangements, and global technology services. Develop commercial structures that improve scalability, flexibility, accountability, and value, including licensing models, consumption commitments, unit-based pricing, ramp schedules, price protections, service levels, and performance measures. Apply spend, demand, utilization, benchmark, and supplier-market analyses to identify consolidation, competitive sourcing, license optimization, demand-management, and supplier-rationalization opportunities across the portfolio. Coordinate with Legal, Finance, Information Security, Privacy, Compliance, and Technology stakeholders to address contractual, regulatory, cybersecurity, and third-party risks without compromising speed or business continuity. Represent Procurement as a strategic advisor to Technology & Product leadership while advancing enterprise-wide procurement standards, tools, and ways of working. What You'll Bring Bachelor's degree in Business Administration, Finance, Economics, Supply Chain, Information Systems, or a related field. 10+ years of experience in strategic sourcing, category management, procurement, vendor management, or a related commercial function, including significant responsibility for technology or product categories. Demonstrated experience leading teams and developing Procurement professionals in a fast-paced, high-growth environment. Deep knowledge of technology commercial models, including SaaS and enterprise licensing, cloud and consumption-based pricing, data, AI, infrastructure, hardware, telecom, cybersecurity, and professional services. Proven success leading high-value, complex negotiations and building category strategies for business-critical technology suppliers. Strong financial and analytical acumen, including experience with total cost of ownership, demand and utilization data, benchmarking, and unit economics. Ability to translate technology roadmaps, architecture considerations, and business requirements into practical sourcing and supplier strategies. Strong executive presence with the ability to influence and build credibility with Vice President, Senior Vice President, and C-suite stakeholders. Experience leveraging analytics, AI, automation, and procurement technology to improve sourcing outcomes, controls, and stakeholder experience. Experience in sports betting, iGaming, fantasy sports, technology, financial services, or another regulated industry 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. If this job posting does not include compensation information, this is due to a technical error that our team is working to resolve! We will repost this position with compensation information as soon as it is resolved. 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.