CoStar Group promotes Robin Rossmann to CFO; he cut European costs 25%

COSTAR GROUP, INC.

Christian Lown resigns as CFO effective July 31, 2026, for an opportunity outside the industry; no disagreement with CoStar.
Robin Rossmann, currently Managing Director Europe, appointed CFO effective July 31, 2026.
Rossmann reduced European cost structure by ~$51M (25%) over two years while delivering double-digit revenue growth.
Rossmann's compensation: base salary £440K (transitioning to $590K), target bonus 100% of base, $2.5M equity grant, $500K relocation subsidy.
Rossmann will lead global finance, capital allocation, and investor engagement.

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