CoStar Group appoints Christian Lown as CFO effective July 1, 2024

COSTAR GROUP, INC.

Lown joins from Freddie Mac where he served as EVP and CFO since June 2020.
Annual base salary of $550,000; target incentive award of 95% of base salary, max 190%.
Receives restricted stock award with grant-date value of $2,750,000 vesting over 3 years.
Severance: 12 months base salary plus COBRA if terminated without cause within first year; 6 months thereafter.
Lown brings 25+ years of experience in banking, finance, and real estate, including 11 years at Morgan Stanley.

item 5.02 item 7.01 item 9.01

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Appointed

Christian Lown

Chief Financial Officer

CSGP · COSTAR GROUP, INC.

Effective: 2024-07-01
Filed: June 18, 2024, 7:59 PM ET

On June 18, 2024, CoStar Group, Inc. (“CoStar” or the “Company”) announced the appointment of Christian Lown as Chief Financial Officer of the Company, effective July 1, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Christian Lown was appointed as Chief Financial Officer at COSTAR GROUP, INC..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On June 18, 2024, CoStar Group, Inc. (“CoStar” or the “Company”) announced the appointment of Christian Lown as Chief Financial Officer of the Company, effective July 1, 2024.

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COSTAR GROUP, INC. filing history →

Source: SEC EDGAR

accession 0001057352-24-000077

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