CoStar Group Appoints Two Members to Board of Directors
January 09 2020 - 2:00PM
Business Wire
CoStar Group, Inc., today announced the expansion of its Board
of Directors to nine members with the appointment of two new
directors, Louise S. Sams and Robert W. Musslewhite.
“As CoStar Group continues to grow and diversify our business
both in product scope and internationally, I’m excited to have new
members with experience in large, diverse international
organizations,” said Andrew Florance, Founder and CEO of CoStar
Group. “By electing Ms. Sams and Mr. Musslewhite, the Board gains
significant corporate experience, enhancing its independence, depth
of experience and diversity.”
Louise Sams joins the Board with extensive experience as both a
media executive and practicing attorney. As a result of her broad
range of business and legal experience, Sams brings valuable
business development, corporate governance, technology, and
international experience to the Board. Previously, Sams was the
Executive Vice President and General Counsel of Turner Broadcasting
System, Inc., overseeing legal work related to all of the business
activities of Turner and its subsidiaries worldwide. Most recently,
Sams’ focus was on issues related to technology, information
security, use of data and consumer privacy, as well as
enterprise-wide risk management.
Robert Musslewhite joins the Board with nearly twenty years of
leadership experience in information services businesses, including
The Advisory Board Company (Nasdaq: ABCO) where he served as
Chairman and Chief Executive Officer. Now, following the
acquisition of ABCO by Optum, Musslewhite is the Chief Executive
Officer of OptumInsight. He brings an abundance of experience in
executive management and leadership; business operations and
development; growth strategies; and research and technology. Prior
to ABCO, Musslewhite served as an Associate Principal with McKinsey
& Company, a global management consulting firm. He also serves
on the board of Ascend Learning.
For more information on CoStar Group’s Board of Directors, visit
investors.costargroup.com/leadership.
About CoStar Group, Inc.
CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of
commercial real estate information, analytics and online
marketplaces. Founded in 1987, CoStar conducts expansive, ongoing
research to produce and maintain the largest and most comprehensive
database of commercial real estate information. Our suite of online
services enables clients to analyze, interpret and gain unmatched
insight on commercial property values, market conditions and
current availabilities. STR provides premium data benchmarking,
analytics and marketplace insights for the global hospitality
sector. LoopNet is the most heavily trafficked commercial real
estate marketplace online with over 6 million monthly unique
visitors. Realla is the UK’s most comprehensive commercial property
digital marketplace. Apartments.com, ApartmentFinder.com,
ForRent.com, ApartmentHomeLiving.com, WestsideRentals.com,
AFTER55.com, CorporateHousing.com, ForRentUniversity.com and
Apartamentos.com form the premier online apartment resource for
renters seeking great apartment homes and provide property managers
and owners a proven platform for marketing their properties. CoStar
Group’s websites attracted an average of over 51 million unique
monthly visitors in aggregate in the third quarter of 2019.
Headquartered in Washington, DC, CoStar maintains offices
throughout the U.S. and in Europe and Canada with a staff of over
4,300 worldwide, including the industry’s largest professional
research organization. For more information, visit
CoStarGroup.com.
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Matthew Blocher CoStar Group mblocher@costar.com
202.346.6775
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