CoStar Group CEO and leadership

Experienced professional with multi-geography and multi-disciplinary experience in Finance, Banking, Travel and Tours across multiple distribution models B2B, B2C, B2B2C.Experience in successful creation of multi million dollar travel company managing over 150 employees, with exit given to investors at VeTravel (purchased by large travel conglomerate)

Andrew C. Florance founded CoStar Group, Inc., in 1987, fundamentally changing the way commercial real estate professionals access, use and share information. Through CoStar, Mr. Florance pioneered the concept of commercial real estate firms outsourcing research functions to a third-party information provider, combining the operational efficiencies of a computer-based information system with the more complete, standardized and higher quality property information produced by the industry’s first independent research organization. Mr. Florance’s enduring commitment to innovation was recently recognized by Forbes magazine, which named CoStar among the 100 Most Innovative Growth Companies in the world, placing it among the top 10 companies within the Software & Services category in its most recent annual list.

As Founder and Chief Executive, Mr. Florance has directed CoStar’s successful expansion from start-up, to its successful IPO in July 1998, and to its market-leading position today as a publicly traded enterprise (Nasdaq: CSGP) and the leading provider of commercial real estate information, analytics and online marketplaces. CoStar’s major holdings include LoopNet, the most heavily trafficked online commercial real estate marketplace with more than 10 million registered members, and Apartments.com, ApartmentFinder.com and ApartmentHomeLiving.com, which together form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners with a proven platform for marketing their properties. CoStar operates websites with over 22 million unique monthly visitors in aggregate (as of January 2016.) Headquartered in Washington, DC, the Company maintains offices throughout the U.S., in Europe and in Toronto with a staff of approximately 2,600 worldwide.

Throughout his career, Mr. Florance has been a leader in raising awareness of energy efficiency and sustainability within the commercial property sector. He conceived and co-authored the first comprehensive analysis of leasing and sales activity in energy-efficient office buildings in the United States. The study, which was published in the Journal of Real Estate Portfolio Management, was selected by the American Real Estate Society as the “Best Paper” published in the prestigious academic real estate journal in 2008. The groundbreaking study was also cited as a critical factor in CoStar Group’s selection as the only commercial real estate-related company to win an ENERGY STAR Award for Excellence from the U.S. Environmental Protection Agency in 2009.

Frank Simuro is a Chief Technology Officer at COSTAR GROUP, INC.. He has worked as Senior VP:Info Systems at COSTAR GROUP, INC.; Director:Info Systems at COSTAR GROUP, INC.; and Chief Information Officer at COSTAR GROUP, INC.. Frank works or has worked as Director:Data Warehousing at GRC International Inc. He studied at GEORGE WASHINGTON UNIVERSITY and Binghamton University.

Jason Butler is a Chief Information Officer at COSTAR GROUP, INC. and is based in Richmond, Virginia. He studied at Virginia Tech between 1990 and 1995 and Terry College of Business between 2002 and 2005.

Jeannette C. Koonce, CoStar Group’s Chief Compliance Officer, joined the Company in January 2006 as Deputy General Counsel. Ms. Koonce oversees and makes recommendations with respect to risk management and corporate governance. While at CoStar, Ms. Koonce has been actively involved with the company’s robust mergers and acquisitions activity, including more than 20 domestic and international acquisitions, and CoStar’s filings with the Securities and Exchange Commission, including equity offerings and periodic reports. Prior to joining CoStar Group, Ms. Koonce was an Associate at Venable LLP, where she practiced securities, mergers and acquisitions and general corporate law. Ms. Koonce received her J.D. from the College of William and Mary a B.A. in Political Science from Boston College.

With more than twenty years of experience in human resources and financial services, Mr. Desmarais boasts an impressive track record of talent acquisition, talent management and operational efficiency. As part of the human resources team at Goldman Sachs for more than 17 years, Mr. Desmarais has led large global teams and worked with the most senior executives on key strategic, transformational initiatives. Most recently, Mr. Desmarais served as Head of Human Resources for Engineering and Co-Head of Global Business Partners.

Andrew C. Florance founded CoStar Group, Inc., in 1987, fundamentally changing the way commercial real estate professionals access, use and share information. Through CoStar, Mr. Florance pioneered the concept of commercial real estate firms outsourcing research functions to a third-party information provider, combining the operational efficiencies of a computer-based information system with the more complete, standardized and higher quality property information produced by the industry’s first independent research organization. Mr. Florance’s enduring commitment to innovation was recently recognized by Forbes magazine, which named CoStar among the 100 Most Innovative Growth Companies in the world, placing it among the top 10 companies within the Software & Services category in its most recent annual list.

As Founder and Chief Executive, Mr. Florance has directed CoStar’s successful expansion from start-up, to its successful IPO in July 1998, and to its market-leading position today as a publicly traded enterprise (Nasdaq: CSGP) and the leading provider of commercial real estate information, analytics and online marketplaces. CoStar’s major holdings include LoopNet, the most heavily trafficked online commercial real estate marketplace with more than 10 million registered members, and Apartments.com, ApartmentFinder.com and ApartmentHomeLiving.com, which together form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners with a proven platform for marketing their properties. CoStar operates websites with over 22 million unique monthly visitors in aggregate (as of January 2016.) Headquartered in Washington, DC, the Company maintains offices throughout the U.S., in Europe and in Toronto with a staff of approximately 2,600 worldwide.

Throughout his career, Mr. Florance has been a leader in raising awareness of energy efficiency and sustainability within the commercial property sector. He conceived and co-authored the first comprehensive analysis of leasing and sales activity in energy-efficient office buildings in the United States. The study, which was published in the Journal of Real Estate Portfolio Management, was selected by the American Real Estate Society as the “Best Paper” published in the prestigious academic real estate journal in 2008. The groundbreaking study was also cited as a critical factor in CoStar Group’s selection as the only commercial real estate-related company to win an ENERGY STAR Award for Excellence from the U.S. Environmental Protection Agency in 2009.

Andrew C. Florance founded CoStar Group, Inc., in 1987, fundamentally changing the way commercial real estate professionals access, use and share information. Through CoStar, Mr. Florance pioneered the concept of commercial real estate firms outsourcing research functions to a third-party information provider, combining the operational efficiencies of a computer-based information system with the more complete, standardized and higher quality property information produced by the industry’s first independent research organization. Mr. Florance’s enduring commitment to innovation was recently recognized by Forbes magazine, which named CoStar among the 100 Most Innovative Growth Companies in the world, placing it among the top 10 companies within the Software & Services category in its most recent annual list.

As Founder and Chief Executive, Mr. Florance has directed CoStar’s successful expansion from start-up, to its successful IPO in July 1998, and to its market-leading position today as a publicly traded enterprise (Nasdaq: CSGP) and the leading provider of commercial real estate information, analytics and online marketplaces. CoStar’s major holdings include LoopNet, the most heavily trafficked online commercial real estate marketplace with more than 10 million registered members, and Apartments.com, ApartmentFinder.com and ApartmentHomeLiving.com, which together form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners with a proven platform for marketing their properties. CoStar operates websites with over 22 million unique monthly visitors in aggregate (as of January 2016.) Headquartered in Washington, DC, the Company maintains offices throughout the U.S., in Europe and in Toronto with a staff of approximately 2,600 worldwide.

Throughout his career, Mr. Florance has been a leader in raising awareness of energy efficiency and sustainability within the commercial property sector. He conceived and co-authored the first comprehensive analysis of leasing and sales activity in energy-efficient office buildings in the United States. The study, which was published in the Journal of Real Estate Portfolio Management, was selected by the American Real Estate Society as the “Best Paper” published in the prestigious academic real estate journal in 2008. The groundbreaking study was also cited as a critical factor in CoStar Group’s selection as the only commercial real estate-related company to win an ENERGY STAR Award for Excellence from the U.S. Environmental Protection Agency in 2009.