People: CoStar Group Inc (CSGP.OQ)

CSGP.OQ on NASDAQ Stock Exchange Global Select Market

18 Jun 2019
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Florance, Andrew 

Mr. Andrew C. Florance serves as President, Chief Executive Officer and Director of CoStar Group, Inc. President and CEO of CoStar, Mr. Florance has directed CoStar Group’s successful expansion from start-up, to its IPO in July 1998, to its market-leading position today with a staff of approximately 3,000 worldwide and a client base that includes the real estate industry’s leading brokerage firms, property owners, and lenders. He manages an international service platform that includes the United States, United Kingdom, France, Spain, Germany and Canada and is utilized by nearly 27 million users a month as of January 2017. Mr. Florance is a recognized authority for analysis of real estate markets. While leading CoStar Group, he has identified, negotiated, and closed more than 20 acquisitions across six countries. He served on the board of directors of Walker & Dunlop, Inc. from November 2012 to May 2016. Mr. Florance currently serves on several non-profit boards of directors, including the board of directors of ARES, the governing board of Management Leadership for Tomorrow, a nonprofit working to develop diverse leaders and expand talent pipelines, the St. Albans School Governing Board, and the board of the Children’s Hospital Foundation. Mr. Florance is a member of the Cathedral Chapter overseeing the Washington National Cathedral. Mr. Florance received a B.A. in economics from Princeton University.

Basic Compensation

Total Annual Compensation, USD 2,242,040
Restricted Stock Award, USD 6,321,090
Long-Term Incentive Plans, USD --
All Other, USD 2,058,400
Fiscal Year Total, USD 10,621,500

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised 43,536 8,801,740.00